Learning and Expectations in Macroeconomics |
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Author:
| Evans, George W. Honkapohja, Seppo |
Series title: | Frontiers of Economic Research Ser. |
ISBN: | 978-0-691-04921-2 |
Publication Date: | Jan 2001 |
Publisher: | Princeton University Press
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Book Format: | Hardback |
List Price: | USD $95.00 |
Book Description:
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Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. This title explains a variety of expectation formation models by focusing on the learning factor. It develops analytical techniques and uses them to synthesize and extend research.
Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. This title explains a variety of expectation formation models by focusing on the learning factor. It develops analytical techniques and uses them to synthesize and extend research.