Rational Expectations And Econometric Practice
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Rational Expectations And Econometric Practice
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Author : Robert E. Lucas (Jr)
language : en
Publisher:
Release Date : 1981
Rational Expectations And Econometric Practice written by Robert E. Lucas (Jr) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Econometrics categories.
Rational Expectations And Econometric Practice
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Author : Robert E. Lucas
language : en
Publisher: U of Minnesota Press
Release Date : 1981
Rational Expectations And Econometric Practice written by Robert E. Lucas and has been published by U of Minnesota Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Business & Economics categories.
Assumptions about how people form expectations for the future shape the properties of any dynamic economic model. To make economic decisions in an uncertain environment people must forecast such variables as future rates of inflation, tax rates, governme.
Rational Expectations And Econometric Practice
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Author :
language : en
Publisher:
Release Date : 1981
Rational Expectations And Econometric Practice written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with categories.
Rational Expectations And Econometric Practice
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Author : Thomas J. Sargent
language : en
Publisher:
Release Date : 1984
Rational Expectations And Econometric Practice written by Thomas J. Sargent and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with categories.
Rational Expectations Econometrics
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Author : Lars Peter Hansen
language : en
Publisher: CRC Press
Release Date : 2019-09-05
Rational Expectations Econometrics written by Lars Peter Hansen and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-05 with Mathematics categories.
At the core of the rational expectations revolution is the insight that economic policy does not operate independently of economic agents' knowledge of that policy and their expectations of the effects of that policy. This means that there are very complicated feedback relationships existing between policy and the behaviour of economic agents, and these relationships pose very difficult problems in econometrics when one tries to exploit the rational expectations insight in formal economic modelling. This volume consists of work by two rational expectations pioneers dealing with the "nuts and bolts" problems of modelling the complications introduced by rational expectations. Each paper deals with aspects of the problem of making inferences about parameters of a dynamic economic model on the basis of time series observations. Each exploits restrictions on an econometric model imposed by the hypothesis that agents within the model have rational expectations.
Rational Expectations And Econometric Practice
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Author : Robert E. Lucas (Jr.)
language : en
Publisher:
Release Date : 1981
Rational Expectations And Econometric Practice written by Robert E. Lucas (Jr.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1981 with Econometrics categories.
Choice Free Rationality
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Author : Robert Grafstein
language : en
Publisher: University of Michigan Press
Release Date : 1999-10-25
Choice Free Rationality written by Robert Grafstein and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-10-25 with Business & Economics categories.
DIVOffers an alternative to the definition of 'rationality' for rational choice theory /div
The New Palgrave Dictionary Of Economics
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Author :
language : en
Publisher: Springer
Release Date : 2016-05-18
The New Palgrave Dictionary Of Economics written by and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-18 with Law categories.
The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
A History Of Econometrics
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Author : R.J. Epstein
language : en
Publisher: Elsevier
Release Date : 2014-06-28
A History Of Econometrics written by R.J. Epstein and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.
This comparative historical study of econometrics focuses on the development of econometric methods and their application to macroeconomics.The analysis covers the origins of modern econometrics in the USA and Europe during the 1920's and 30's, the rise of `structural estimation' in the 1940's and 50's as the dominant research paradigm, and the crisis of the large macroeconomic models in the 1970's and 80's.The completely original feature of this work is the use of previously unknown manuscript material from the archives of the Cowles Commission and other collections. The history so constructed shows that recent debates over methodology are incomplete without understanding the many deep criticisms that were first raised by the earliest researchers in the field.
The Representative Agent In Macroeconomics
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Author : James E Hartley
language : en
Publisher: Routledge
Release Date : 2002-01-04
The Representative Agent In Macroeconomics written by James E Hartley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-04 with Business & Economics categories.
Rpresentative agent models have become a predominant means of studying the macroeconomy in modern economics without there being much discussion in the literature about their propriety or usefulness. This volume evaluates the use of these models in macroeconomics, examining the justifications for their use and concluding that representative agent models are neither a proper nor a particularly useful means of studying aggregate behaviour.