Rational Expectations |
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Author:
| Sheffrin, Steven M. |
Contribution by:
| Pencavel, John |
Series title: | Cambridge Surveys of Economic Literature Ser. |
ISBN: | 978-0-521-47400-9 |
Publication Date: | Jun 1996 |
Publisher: | Cambridge University Press
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Book Format: | Hardback |
List Price: | AUD $150.95 |
Book Description:
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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.
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.