Rational Expectations and Econometric Practice

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Author :
Publisher : U of Minnesota Press
ISBN 13 : 0816610711
Total Pages : 734 pages
Book Rating : 4.8/5 (166 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 1981 with total page 734 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.

Rational Expectations and Econometric Practice

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Author :
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.

Rational Expectations and Economic Policy

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Author :
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

Dynamic Modelling and Control of National Economies 1989

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Publisher : Elsevier
ISBN 13 : 1483298825
Total Pages : 599 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Dynamic Modelling and Control of National Economies 1989 by : N.M. Christodoulakis

Download or read book Dynamic Modelling and Control of National Economies 1989 written by N.M. Christodoulakis and published by Elsevier. This book was released on 2014-06-28 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Symposium aimed at analysing and solving the various problems of representation and analysis of decision making in economic systems starting from the level of the individual firm and ending up with the complexities of international policy coordination. The papers are grouped into subject areas such as game theory, control methods, international policy coordination and the applications of artificial intelligence and experts systems as a framework in economic modelling and control. The Symposium therefore provides a wide range of important information for those involved or interested in the planning of company and national economics.

Link Proceedings 1991, 1992: Selected Papers From Meetings In Moscow, 1991 And Ankara, 1992

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Author :
Publisher : World Scientific
ISBN 13 : 981449707X
Total Pages : 363 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Link Proceedings 1991, 1992: Selected Papers From Meetings In Moscow, 1991 And Ankara, 1992 by : Lawrence R Klein

Download or read book Link Proceedings 1991, 1992: Selected Papers From Meetings In Moscow, 1991 And Ankara, 1992 written by Lawrence R Klein and published by World Scientific. This book was released on 1998-10-30 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers two years of research activities associated with Project LINK, which is based on a model of the world economy, covering 79 countries or regional groupings of countries. Papers dealing with interesting thematic issues were carefully selected and expanded into full articles. The subjects studied by various LINK participants for reporting at annual meetings include exchange rate systems, international investment, environmental protection, international economic institutions, LINK system improvements, and international economic policy. As always, there are contributions dealing with methodological advances for world modeling.

The American Economic Review

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Publisher :
ISBN 13 :
Total Pages : 1050 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The American Economic Review by :

Download or read book The American Economic Review written by and published by . This book was released on 2003 with total page 1050 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association.

Handbook of Monetary Economics vols 3A+3B Set

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Author :
Publisher : Elsevier
ISBN 13 : 0444534717
Total Pages : 1729 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Monetary Economics vols 3A+3B Set by : Benjamin M. Friedman

Download or read book Handbook of Monetary Economics vols 3A+3B Set written by Benjamin M. Friedman and published by Elsevier. This book was released on 2010-11-10 with total page 1729 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have monetary policies matured during the last decade? The recent downturn in economies worldwide have put monetary policies in a new spotlight. In addition to their investigations of new tools, models, and assumptions, they look carefully at recent evidence on subjects as varied as price-setting, inflation persistence, the private sector's formation of inflation expectations, and the monetary policy transmission mechanism. They also reexamine standard presumptions about the rationality of asset markets and other fundamentals. Stopping short of advocating conclusions about the ideal conduct of policy, the authors focus instead on analytical methods and the changing interactions among the ingredients and properties that inform monetary models. The influences between economic performance and monetary policy regimes can be both grand and muted, and this volume clarifies the present state of this continually evolving relationship. - Presents extensive coverage of monetary policy theories with an eye toward questions raised by the recent financial crisis - Explores the policies and practices used in formulating and transmitting monetary policies - Questions fiscal-monetary connnections and encourages new thinking about the business cycle itself - Observes changes in the formulation of monetary policies over the last 25 years

NBER International Seminar on Macroeconomics 2004

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Author :
Publisher : MIT Press
ISBN 13 : 0262033607
Total Pages : 551 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis NBER International Seminar on Macroeconomics 2004 by : Richard H. Clarida

Download or read book NBER International Seminar on Macroeconomics 2004 written by Richard H. Clarida and published by MIT Press. This book was released on 2006 with total page 551 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading American and European economists discuss monetary and fiscal policy from a global macroeconomic perspective and analyze the implications of European integration; cutting-edge research presented in a companion volume to the NBER Macroeconomics Annual.

Evaluating Policy Regimes

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Publisher : Brookings Institution Press
ISBN 13 : 9780815714910
Total Pages : 1028 pages
Book Rating : 4.7/5 (149 download)

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Book Synopsis Evaluating Policy Regimes by : Ralph Bryant

Download or read book Evaluating Policy Regimes written by Ralph Bryant and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 1028 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists have long debated the theoretical merits—for an individual nation and for a multi-nation world economy—of alternative approaches to the conduct of economic policy. Yet theory alone cannot resolve the important issues at stake. Only after the robustness of policy regimes has been carefully examined with empirical evidence will policymakers and economists be able to reach more of a consensus. This pathbreaking volume takes major steps forward in meeting the need for a combination of theoretical and empirical evaluations of alternative policy regimes. Bringing together individuals and groups doing pioneering research on macroeconomic interaction, it explores what approach to monetary policy would lead to superior performance by individual national economies and the world economy as a whole. Many parts of the book use the analytical techniques of stochastic simulation, an evaluation procedure increasingly employed at the frontier of empirical economic analysis. The book provides a summary of the hey issues involved in evaluating policy regimes and clarifies the relationships among those issues. The authors examine the stabilization properties of alternative monetary-policy regimes and analyze how well various regime types perform in the face of unexpected shocks to national economies. Among their conclusions, they find that some simplified regimes for monetary policy are markedly less promising than others for achieving the stabilization objectives commonly sought by policymakers. Evaluating Policy Regimes is another major installment in a continuing world wide research project, sponsored by the Brookings Institution, to improve empirical knowledge about the interdependence of national economies.

Control Theory and Dynamic Games in Economic Policy Analysis

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Publisher : Cambridge University Press
ISBN 13 : 0521385237
Total Pages : 358 pages
Book Rating : 4.5/5 (213 download)

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Book Synopsis Control Theory and Dynamic Games in Economic Policy Analysis by : Maria Luisa Petit

Download or read book Control Theory and Dynamic Games in Economic Policy Analysis written by Maria Luisa Petit and published by Cambridge University Press. This book was released on 1990 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the stabilisation and control of centralised policy-making and its economic implications.

Handbook of Monetary Economics 3A

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Publisher : Elsevier
ISBN 13 : 0444532382
Total Pages : 755 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Handbook of Monetary Economics 3A by : Benjamin M. Friedman

Download or read book Handbook of Monetary Economics 3A written by Benjamin M. Friedman and published by Elsevier. This book was released on 2010-11-17 with total page 755 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have monetary policies matured during the last decade? The recent downturn in economies worldwide have put monetary policies in a new spotlight. In addition to their investigations of new tools, models, and assumptions, they look carefully atrecent evidence on subjects as varied as price-setting, inflation persistence, the private sector's formation of inflation expectations, and the monetary policy transmission mechanism. They also reexamine standard presumptions about the rationality of asset markets and other fundamentals. Stopping short of advocating conclusions about the ideal conduct of policy, the authors focus instead on analytical methods and the changing interactions among the ingredients and properties that inform monetary models. The influences between economic performance and monetary policy regimes can be both grand and muted, and this volume clarifies the present state of this continually evolving relationship. Presents extensive coverage of monetary policy theories with an eye toward questions raised by the recent financial crisis Explores the policies and practices used in formulating and transmitting monetary policiesQuestions fiscal-monetary connections and encourages new thinking about the business cycle itself Observes changes in the formulation of monetary policies over the last 25 years.

Programme Evaluation and Treatment Choice

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Publisher : Springer Science & Business Media
ISBN 13 : 3642557163
Total Pages : 194 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Programme Evaluation and Treatment Choice by : Markus Frölich

Download or read book Programme Evaluation and Treatment Choice written by Markus Frölich and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy evaluation and programme choice are important tools for informed decision-making, for the administration of active labour market programmes, training programmes, tuition subsidies, rehabilitation programmes etc. Whereas the evaluation of programmes and policies is mainly concerned with an overall assessment of impact, benefits and costs, programme choice considers an optimal allocation of individuals to the programmes. This book surveys potential evaluation strategies for policies with multiple programmes and discusses evaluation and treatment choice in a coherent framework. Recommendations for choosing appropriate evaluation estimators are derived. Furthermore, a semiparametric estimator of optimal treatment choice is developed to assist in the optimal allocation of participants.

Energy, Foresight, and Strategy

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Publisher : Routledge
ISBN 13 : 1135886342
Total Pages : 221 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Energy, Foresight, and Strategy by : Thomas J. Sargent

Download or read book Energy, Foresight, and Strategy written by Thomas J. Sargent and published by Routledge. This book was released on 2014-04-04 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Energy, Foresight, and Strategy, Thomas Sargent and his collaborators have produced a highly rigorous treatment of 'rational expectations' theory and its application to the study of energy markets. These six essays use dynamic games to study a variety of issues important to analysts and decisionmakers in the energy field.

Central Bank Policy

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Publisher : Emerald Group Publishing
ISBN 13 : 1789737532
Total Pages : 445 pages
Book Rating : 4.7/5 (897 download)

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Book Synopsis Central Bank Policy by : Perry Warjiyo

Download or read book Central Bank Policy written by Perry Warjiyo and published by Emerald Group Publishing. This book was released on 2019-07-25 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central Bank Policy: Theory and Practice analyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and practices of central bank policy.

Media and Communications Policy Making

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Publisher : Springer Nature
ISBN 13 : 3030351734
Total Pages : 283 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Media and Communications Policy Making by : Robert G. Picard

Download or read book Media and Communications Policy Making written by Robert G. Picard and published by Springer Nature. This book was released on 2020-03-25 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook focuses on how media and communications policy is made and what influences its design. It explores the structures and processes in which policymaking takes place worldwide, the factors that determine its forms, influence its elements, and affect its outcomes. It explores how to analyze policy proposals, evaluate policy, and use policy studies approaches to examine policy and policymaking. Truly international in scope, it lays out the variety of political, social, economic, and institutional influences on policy, the roles of industries and policy advocates in the processes, and issues and factors that complicate effective policymaking and skew policy outcomes. This textbook is a valuable resource for advanced undergraduate and postgraduate students.

American Doctoral Dissertations

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Publisher :
ISBN 13 :
Total Pages : 806 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis American Doctoral Dissertations by :

Download or read book American Doctoral Dissertations written by and published by . This book was released on 1997 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The New Palgrave Dictionary of Economics

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Author :
Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)

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Book Synopsis The New Palgrave Dictionary of Economics by :

Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.