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Rational Expectations

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ISBN-10: 0521479398

ISBN-13: 9780521479394

Edition: 2nd 1996 (Revised)

Authors: Steven M. Sheffrin, John Pencavel

List price: $49.99
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Economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. Sheffrin explores the logical foundation for this.
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Book details

List price: $49.99
Edition: 2nd
Copyright year: 1996
Publisher: Cambridge University Press
Publication date: 6/13/1996
Binding: Paperback
Pages: 200
Size: 6.25" wide x 9.25" long x 0.50" tall
Weight: 0.594
Language: English

Preface to the first edition
The concept of rational expectations
Inflation and unemployment
Further topics in macroeconomics
Efficient markets and rational expectations
Empirical microeconomic models
Rational expectations in practice