9780521257442 - individual forecasting and aggregate outcomes: 'rational expectations' examined (6 resultados)
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Librería: -OnTimeBooks-, Phoenix, AZ, Estados Unidos de America-OnTimeBooks-
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EUR 24,43
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Condición: good. A copy that has been read, remains in good condition. All pages are intact, and the cover is intact. The spine and cover show signs of wear. Pages can include notes and highlighting and show signs of wear, and the copy can include "From the library of" labels or previous owner inscriptions. 100% GUARANTEE! Shipp…ed with delivery confirmation, if you're not satisfied with purchase please return item! Ships via media mail.
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Librería: Better World Books, Mishawaka, IN, Estados Unidos de AmericaBetter World Books
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EUR 32,77
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Condición: Good. Former library copy. Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Includes library markings. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.
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- Primera edición
Librería: West With The Night, Tucson, AZ, Estados Unidos de AmericaWest With The Night
Contactar con el vendedorVendedor de 5 estrellasCondición: Usado
EUR 40,65
Envío por EUR 3,07Se envía dentro de Estados Unidos de AmericaCantidad disponible: 1 disponibles
Hard cover. First edition. Sewn binding. Cloth over boards. 256 p. Audience: General/trade. Very good in very good dust jacket. light shelfwear to the jacket, po name on first page.
Idioma: Inglés
Editorial: Cambridge University Press, Cambridge, UK., &c., 1983
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Librería: Yushodo Co., Ltd., Fuefuki-shi, Yamanashi Pref., JaponYushodo Co., Ltd.
Contactar con el vendedorVendedor de 5 estrellasMiembro de asociación: ILAB
Condición: Usado - Aceptable
EUR 21,98
Envío por EUR 30,70Se envía de Japon a Estados Unidos de AmericaCantidad disponible: 1 disponibles
Hardcover. Condición: Good. No Jacket. ix, 238 p.
Idioma: Inglés
Editorial: Cambridge, etc.: Cambridge University Press, 1983., 1983
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- Primera edición
Librería: Ted Kottler, Bookseller, Redondo Beach, CA, Estados Unidos de AmericaTed Kottler, Bookseller
Contactar con el vendedorVendedor de 3 estrellasCondición: Usado - Excelente
EUR 49,68
Envío por EUR 11,14Se envía dentro de Estados Unidos de AmericaCantidad disponible: 1 disponibles
Hardcover. Condición: Fine. Estado de la sobrecubierta: Fine. 1st Edition. ix, 238 pp. Original cloth. Some neat ink underlining on pp. 2-7, 9, else Near Fine, in near fine dust jacket. Out of print in cloth; in print in paperback at US$43.00. Edmund S. Phelps: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nob…el, 2006, 'for his analysis of intertemporal tradeoffs in macroeconomic policy.' 'Last but not least, positing rational expectations equilibrium is not just inaccurate as a way to close the model in the same sense as postulating rational choice is taken to be inaccurate: It is inappropriate to impose on the model. In a highly innovative economy and thus one subject to change, firms even firms in the same industry and location are all thinking differently. So a firm would have no grounds to reason, as it implicitly does in rational-expectations theory, that 'since I have calculated I must raise my wages by x percent, I should now take into account that my competitors are planning to do the same; so I must now adjust my wage increase even more .' This kind of inductive reasoning to arrive at the right expectations is inapplicable. That is the thesis of my piece (Phelps, 1983) in the Frydman-Phelps volume [offered here]' (Phelps, 'Macroeconomics for a Modern Economy', Nobel Lecture, Dec. 8, 2006). Contents: Preface; 1. Introduction Roman Frydman and Edmund S. Phelps; 2. The trouble with 'rational expectations' and the problem of inflation stabilization Edmund S. Phelps; Comment Phillip Cagan; 3. Expectations of others' expectations and the transitional nonneutrality of fully believed systematic monetary policy Juan Carlos Di Tata; Comment Clive Bull; 4. The stability of rational expectations in macroeconomic models George Evans; Comment Guillermo A. Calvo; 5. Individual rationality, decentralization, and the rational expectations hypothesis Roman Frydman; 6. Convergence to rational expectations equilibrium Margaret Bray; Comment Roy Radner; 7. A distinction between the unconditional expectational equilibrium and the rational expectations equilibrium Roman Frydman; 8. On mistaken beliefs and resultant equilibria Alan Kirman; Comment Jerry Green; 9. Equilibrium theory with learning and disparate expectations: some issues and methods Robert M. Townsend; Comment John B. Taylor; 10. Keynesianism, monetarism, and rational expectations: some reflections and conjectures Axel Leijonhufvud; Comment Frank Hahn; Index.
Idioma: Inglés
Editorial: Cambridge, etc.: Cambridge University Press, 1983., 1983
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- Primera edición
Librería: Ted Kottler, Bookseller, Redondo Beach, CA, Estados Unidos de AmericaTed Kottler, Bookseller
Contactar con el vendedorVendedor de 3 estrellasCondición: Usado - Excelente
EUR 76,78
Envío por EUR 11,14Se envía dentro de Estados Unidos de AmericaCantidad disponible: 1 disponibles
Hardcover. Condición: Fine. Estado de la sobrecubierta: Fine. 1st Edition. ix, 238 pp. Original cloth. Signature of former owner on front flyleaf, else Near Fine, in near fine dust jacket. Out of print in cloth; in print in paperback at US$43.00. Edmund S. Phelps: Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred…Nobel, 2006, 'for his analysis of intertemporal tradeoffs in macroeconomic policy.' 'Last but not least, positing rational expectations equilibrium is not just inaccurate as a way to close the model in the same sense as postulating rational choice is taken to be inaccurate: It is inappropriate to impose on the model. In a highly innovative economy and thus one subject to change, firms even firms in the same industry and location are all thinking differently. So a firm would have no grounds to reason, as it implicitly does in rational-expectations theory, that 'since I have calculated I must raise my wages by x percent, I should now take into account that my competitors are planning to do the same; so I must now adjust my wage increase even more .' This kind of inductive reasoning to arrive at the right expectations is inapplicable. That is the thesis of my piece (Phelps, 1983) in the Frydman-Phelps volume [offered here]' (Phelps, 'Macroeconomics for a Modern Economy', Nobel Lecture, Dec. 8, 2006). Contents: Preface; 1. Introduction Roman Frydman and Edmund S. Phelps; 2. The trouble with 'rational expectations' and the problem of inflation stabilization Edmund S. Phelps; Comment Phillip Cagan; 3. Expectations of others' expectations and the transitional nonneutrality of fully believed systematic monetary policy Juan Carlos Di Tata; Comment Clive Bull; 4. The stability of rational expectations in macroeconomic models George Evans; Comment Guillermo A. Calvo; 5. Individual rationality, decentralization, and the rational expectations hypothesis Roman Frydman; 6. Convergence to rational expectations equilibrium Margaret Bray; Comment Roy Radner; 7. A distinction between the unconditional expectational equilibrium and the rational expectations equilibrium Roman Frydman; 8. On mistaken beliefs and resultant equilibria Alan Kirman; Comment Jerry Green; 9. Equilibrium theory with learning and disparate expectations: some issues and methods Robert M. Townsend; Comment John B. Taylor; 10. Keynesianism, monetarism, and rational expectations: some reflections and conjectures Axel Leijonhufvud; Comment Frank Hahn; Index.
