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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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Description:

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
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
References
Index