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The rational expectations revolution in macroeconomics: theories and evidence/ David K.H. Begg

By: Material type: TextTextPublication details: Maryland: The Johns Hopkins University Press, 1982Description: xii, 291 pages: diagrams; 22 cmISBN:
  • 0801828823
Subject(s): DDC classification:
  • 23rd 339.5 B416
Contents:
Introduction -- Previous treatments of expectations formation -- The rational expectations hypothesis -- Rational expectations and empirical research -- Economic implications of the rational expectations hypothesis -- Rational expectations, the natural rate hypothesis, and the statbilization policy debate -- Rational expectations and aggregate demand -- Rational expectations and efficient asset markets -- Conclusions
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Includes index and bibliography

Introduction -- Previous treatments of expectations formation -- The rational expectations hypothesis -- Rational expectations and empirical research -- Economic implications of the rational expectations hypothesis -- Rational expectations, the natural rate hypothesis, and the statbilization policy debate -- Rational expectations and aggregate demand -- Rational expectations and efficient asset markets -- Conclusions

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