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Rational Expectations Econometrics
Engelsk
Foto på vej
Specifikationer
Sprog:
Engelsk
Sider:
304
ISBN-13:
9780367300470
Indbinding:
Paperback
Udgave:
ISBN-10:
0367300478
Kategori:
Udg. Dato:
31 okt 2024
Længde:
0mm
Bredde:
152mm
Højde:
241mm
Forlag:
Taylor & Francis Ltd
Oplagsdato:
31 okt 2024

Rational Expectations Econometrics

Engelsk
Paperback
Format:

Om denne bog
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.

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Specifikationer
Sprog:
Engelsk
Sider:
304
ISBN-13:
9780367300470
Indbinding:
Paperback
Udgave:
ISBN-10:
0367300478
Kategori:
Udg. Dato:
31 okt 2024
Længde:
0mm
Bredde:
152mm
Højde:
241mm
Forlag:
Taylor & Francis Ltd
Oplagsdato:
31 okt 2024
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