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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 ...Vis mer
Om boken
ISBN
9780521479394
Publiseringsår
1996
Språk
Originaltittel
Rational Expectations
Format
Innbundet
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