Rational Expectations CB - Robert E. Lucas epub, fb2, djvu download free
Rational Expectations CB
ISBN:0816609160
Author: Robert E. Lucas
ISBN13: 978-0816609161
Book Title: Rational Expectations CB
ePub version size: 1250 kb
PDF version size: 1646 kb
Language: English
Category: Business & Money
Format: fb2, epub, djvu, pdf, ibooks, mobi

Rational Expectations CB by Robert E. Lucas



Free Download links

Rational Expectations CB by Robert E. Lucas
ePub version

1250 downloads at 25 mb/s

Rational Expectations CB by Robert E. Lucas
PDF version

1646 downloads at 22 mb/s


Rational Expectations and Econometric Practice was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.

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, government subsidy schemes and regulations. The doctrine of rational expectations uses standard economic methods to explain how those expectations are formed.

This work collects the papers that have made significant contributions to formulating the idea of rational expectations. Most of the papers deal with the connections between observed economic behavior and the evaluation of alternative economic policies.

Robert E. Lucas, Jr., is professor of economics at the University of Chicago. Thomas J. Sargent is professor of economics at the University of Minnesota and adviser to the Federal Reserve Bank of Minnesota.