Rational expectations

Auteur :
Sheffrin, Steven M.
Éditeur :
Cambridge University Press
ISBN :
9780521474009
Date de publication :
13 juin 1996
Dimensions :
23,5 x 15,6 x 1,6 cm
Poids :
440 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
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.