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In recent years, economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. This book develops the idea of rational expectations and surveys its use in economics today.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780521479394
  • Indbinding:
  • Paperback
  • Sideantal:
  • 200
  • Udgivet:
  • 13. juni 1996
  • Udgave:
  • 2
  • Størrelse:
  • 229x151x17 mm.
  • Vægt:
  • 316 g.
  • 8-11 hverdage.
  • 9. december 2024
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In recent years, economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. This book develops the idea of rational expectations and surveys its use in economics today.

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