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English

Rational Expectations

Hardcover • 1996

Rational Expectations

By Steven Bachmann

0 Ratings • 0.0 of 5

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About the book

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. Professor Sheffrin first explores the logical foundation of the concept and the case for employing it in economic analysis. Subsequent chapters investigate its use in macroeconomics, financial markets, and microeconomics. A final chapter assesses its impact on theoretical and empirical work in economics and ...Show more

Book details

ISBN

9780521479394

Published year

1996

Language

Original title

Rational Expectations

Format

Hardcover

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