Empirical Evidence on the Rational Expectations Hypothesis Using Reported Expectations

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)

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Book Synopsis Empirical Evidence on the Rational Expectations Hypothesis Using Reported Expectations by : Karl Aiginger

Download or read book Empirical Evidence on the Rational Expectations Hypothesis Using Reported Expectations written by Karl Aiginger and published by . This book was released on 1980* with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Empirical Tests of the Formation of Expectations

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Empirical Tests of the Formation of Expectations by : Ingvild Svendsen

Download or read book Empirical Tests of the Formation of Expectations written by Ingvild Svendsen and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational Expectations

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Publisher : Cambridge University Press
ISBN 13 : 9780521479394
Total Pages : 204 pages
Book Rating : 4.4/5 (793 download)

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Book Synopsis Rational Expectations by : Steven M. Sheffrin

Download or read book Rational Expectations written by Steven M. Sheffrin and published by Cambridge University Press. This book was released on 1996-06-13 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops the idea of rational expectations and surveys its use in economics today.

A Rational Expectations Approach to Macroeconometrics

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Publisher : University of Chicago Press
ISBN 13 : 0226531929
Total Pages : 184 pages
Book Rating : 4.2/5 (265 download)

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Book Synopsis A Rational Expectations Approach to Macroeconometrics by : Frederic S. Mishkin

Download or read book A Rational Expectations Approach to Macroeconometrics written by Frederic S. Mishkin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.

The Rational Expectations Revolution in Macroeconomics

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Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis The Rational Expectations Revolution in Macroeconomics by : David K. H. Begg

Download or read book The Rational Expectations Revolution in Macroeconomics written by David K. H. Begg and published by . This book was released on 1982 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Reader's Guide to Rational Expectations

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis A Reader's Guide to Rational Expectations by : Deborah A. Redman

Download or read book A Reader's Guide to Rational Expectations written by Deborah A. Redman and published by Edward Elgar Publishing. This book was released on 1992 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The major purpose of this work is to make staying up to date with rational expectations (RE) easier for economists in government, academia and industry, as well as for students.

The Empirical Implications of the Rational Expectations Hypothesis

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis The Empirical Implications of the Rational Expectations Hypothesis by : E. W. M. T. Westerhout

Download or read book The Empirical Implications of the Rational Expectations Hypothesis written by E. W. M. T. Westerhout and published by . This book was released on 1991 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Empirical Tests of the Rational Expectations Hypothesis

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (593 download)

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Book Synopsis Empirical Tests of the Rational Expectations Hypothesis by : G. Pollio

Download or read book Empirical Tests of the Rational Expectations Hypothesis written by G. Pollio and published by . This book was released on 1985 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational expectations hypothesis in the long run

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (39 download)

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Book Synopsis Rational expectations hypothesis in the long run by : Taeck-Soo Chun

Download or read book Rational expectations hypothesis in the long run written by Taeck-Soo Chun and published by . This book was released on 1987 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational Expectations and Economic Policy

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Publisher : University of Chicago Press
ISBN 13 : 0226251330
Total Pages : 306 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Rational Expectations and Economic Policy by : Stanley Fischer

Download or read book Rational Expectations and Economic Policy written by Stanley Fischer and published by University of Chicago Press. This book was released on 2008-04-15 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Several areas in economics today have unprecedented significance and vitality. Most people would agree that stabilization policy ranks with the highest of these. Continuing inflation and periodic serious acceleration of inflation combined with high and secularly rising unemployment combine to give the area high priority. This book brings us up to date on an extremely lively discussion involving the role of expectations, and more particularly rational expectations, in the conduct of stabilization policy. . . . Anyone interested in the role of government in economics should read this important book."—C. Glyn Williams, The Wall Street Review of Books "This is a most timely and valuable contribution. . . . The contributors and commentators are highly distinguished and the editor has usefully collated comments and the ensuing discussion. Unusually for a conference proceedings the book is well indexed and it is also replete with numerous and up-to-date references. . . . This is the first serious book to examine the rational expectations thesis in any depth, and it will prove invaluable to anyone involved with macroeconomic policy generally and with monetary economics in particular."—G. K. Shaw, The Economic Journal

Empirical Analysis of the Rational Expectations-life Cycle Hypothesis

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Publisher :
ISBN 13 :
Total Pages : 322 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Empirical Analysis of the Rational Expectations-life Cycle Hypothesis by : Thomas G. Moehrle

Download or read book Empirical Analysis of the Rational Expectations-life Cycle Hypothesis written by Thomas G. Moehrle and published by . This book was released on 1994 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Empirical Tests of the Rational Expectations Hypothesis

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (593 download)

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Book Synopsis Empirical Tests of the Rational Expectations Hypothesis by : Gerald Pollio

Download or read book Empirical Tests of the Rational Expectations Hypothesis written by Gerald Pollio and published by . This book was released on 1985 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rational Expectations and Econometric Practice

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Publisher : U of Minnesota Press
ISBN 13 : 1452908281
Total Pages : 335 pages
Book Rating : 4.4/5 (529 download)

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Book Synopsis Rational Expectations and Econometric Practice by : Robert E. Lucas

Download or read book Rational Expectations and Econometric Practice written by Robert E. Lucas and published by U of Minnesota Press. This book was released on 1988 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control

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Publisher : Springer Science & Business Media
ISBN 13 : 1402028741
Total Pages : 268 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control by : Marco P. Tucci

Download or read book The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control written by Marco P. Tucci and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the major controversies in macroeconomics over the last 30 years has been that on the effectiveness of stabilization policies. However, this debate, between those who believe that this kind of policies is useless if not harmful and those who argue in favor of it, has been mainly theoretical so far. The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control wants to represent a step toward the construction of a common ground on which to empirically compare the two "beliefs" and to do this three strands of literature are brought together. The first strand is the research on time-varying parameters (TVP), the second strand is the work on adaptive control and the third one is the literature on linear stationary models with rational expectations (RE). The material presented in The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control is divided into two parts. Part 1 combines the strand of literature on adaptive control with that on TVP. It generalizes the approach pioneered by Tse and Bar-Shalom (1973) and Kendrick (1981) and one recently used in Amman and Kendrick (2002), where the law of motion of the TVP and the hyperstructural parameters are assumed known, to the case where the hyperstructural parameters are assumed unknown. Part 2 is devoted to the linear single-equation stationary RE model estimated with the error-in-variables (EV) method. It presents a new formulation of this problem based on the use of TVP in an EV model. This new formulation opens the door to a very promising development. All the theory developed in the first part to control a model with TVP can sic et simpliciter be applied to control a model with RE.

Rational Expectations

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ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Rational Expectations by : Graham Keith Shaw

Download or read book Rational Expectations written by Graham Keith Shaw and published by . This book was released on 1984 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Information Rigidity and the Expectations Formation Process

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Publisher : International Monetary Fund
ISBN 13 : 1475533861
Total Pages : 55 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Information Rigidity and the Expectations Formation Process by : Mr.Olivier Coibion

Download or read book Information Rigidity and the Expectations Formation Process written by Mr.Olivier Coibion and published by International Monetary Fund. This book was released on 2012-12-20 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: We propose a new approach to test the full-information rational expectations hypothesis which can identify whether rejections of the arise from information rigidities. This approach quantifies the economic significance of departures from the and the underlying degree of information rigidity. Applying this approach to U.S. and international data of professional forecasters and other agents yields pervasive evidence consistent with the presence of information rigidities. These results therefore provide a set of stylized facts which can be used to calibrate imperfect information models. Finally, we document evidence of state-dependence in the expectations formation process.

Expectations, Rationality and Economic Performance

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Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Expectations, Rationality and Economic Performance by : Tobias F. Rötheli

Download or read book Expectations, Rationality and Economic Performance written by Tobias F. Rötheli and published by Edward Elgar Publishing. This book was released on 2007 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'To a significant extent, the book is at the cutting edge of much economic thinking in microeconomics. . . it brings together nicely material on uncertainty, expectations and cognitive limitations and relates this to recent work in experimental economics.' - Geoffrey M. Hodgson, University of Hertfordshire, UK 'For more than 200 years, economists have debated the microfoundations of their science. There is only one way forward and that is to carefully examine the nature and the rationality of decision processes. Professor Rötheli's book is unique. He offers an idiosyncratic blend of theoretical analysis and experimental research that enlightens and provokes.' - Werner F.M. De Bondt, DePaul University, US This book offers a broad perspective on the economics of expectations. Experimental studies are used to analyse how human bounded rationality affects economic performance. The challenges posed for policy making are also addressed. Tobias Rötheli begins by presenting the basic tools and theoretical models necessary to our understanding of rational and boundedly rational expectations and their role in economic life. Key topics discussed include expectations in general equilibrium theory, probabilities and expected utility, heterogeneity of economic agents, behavioural alternatives to forecasting and the effects of expectations heuristics, particularly in financial markets. The author then goes on to explore the fascinating insights behavioural economics - the empirical analysis of economic decision making - has to offer. Here experimental studies illustrate the effects of costly information, the role of pattern recognition as basis of expectations, anticipation and coordination failures, and the role of expectations in determining the general price level. The book also addresses the implications of the experimental findings for applied economics. Aiming to achieve the accessibility of a textbook, this research monograph will appeal to economic researchers interested in economic behaviour and theory, as well as students taking upper-level undergraduate and graduate courses. It will also be of interest to economists working in business and government.