Rational Expectations / Edition 2

Rational Expectations / Edition 2

by Steven M. Sheffrin
     
 

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ISBN-10: 0521479398

ISBN-13: 9780521479394

Pub. Date: 05/28/2006

Publisher: Cambridge University Press

This revised and expanded edition argues that while rational expectations are still central to macroeconomic policy debates, fully workable models have not yet been devised. It offers reasons for the lack of practical and conceptual progress.

Overview

This revised and expanded edition argues that while rational expectations are still central to macroeconomic policy debates, fully workable models have not yet been devised. It offers reasons for the lack of practical and conceptual progress.

Product Details

ISBN-13:
9780521479394
Publisher:
Cambridge University Press
Publication date:
05/28/2006
Series:
Surveys of Economic Literature Series
Edition description:
REV
Pages:
184
Product dimensions:
5.98(w) x 8.98(h) x 0.47(d)

Table of Contents

Preface; Preface to the first edition; 1. The concept of rational expectations; 2. Inflation and unemployment; 3. Further topics in macroeconomics; 4. Efficient markets and rational expectations; 5. Empirical microeconomic models; 6. Rational expectations in practice; References; Index.

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