The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology - Tapa blanda

Rötheli, Tobias F.

 
9781108447065: The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology
Tapa blanda
ISBN 10: 1108447066 ISBN 13: 9781108447065
Editorial: Cambridge University Press, 2020

Sinopsis

As one of the first texts to take a behavioral approach to macroeconomic expectations, this book introduces a new way of doing economics. Rötheli uses cognitive psychology in a bottom-up method of modeling macroeconomic expectations. His research is based on laboratory experiments and historical data, which he extends to real-world situations. Pattern extrapolation is shown to be the key to understanding expectations of inflation and income. The quantitative model of expectations is used to analyze the course of inflation and nominal interest rates in a range of countries and historical periods. The model of expected income is applied to the analysis of business cycle phenomena such as the great recession in the United States. Data and spreadsheets are provided for readers to do their own computations of macroeconomic expectations. This book offers new perspectives in many areas of macro and financial economics.

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Acerca del autor

Tobias F. Rötheli is Professor of Macroeconomics at the University of Erfurt.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Cambridge University Press
Año de publicación
2020
Idioma
Inglés
ISBN 10 
1108447066
ISBN 13 
9781108447065
Encuadernación
Tapa blanda
Número de páginas
248
Contacto del fabricante
no disponible
Persona responsable
Avery
https://www.avery.fr/

chemin des peupliers 27
Dardilly
Francia

Otras ediciones populares con el mismo título

9781108482851: The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology

Edición Destacada

ISBN 10:  1108482856 ISBN 13:  9781108482851
Editorial: Cambridge University Press, 2020
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