Rational expectation in macroeconomics: an introduction to theory and evidence / C.L.F. Attfield, D. Demery and N.W. Duck

By: Attfield, C.L.FContributor(s): Demery, D | Duck, N.WMaterial type: TextTextPublisher: Cambridge: Blackwell Edition: 2nd edDescription: x,243 p.: ill. 23cmISBN: 063117947xSubject(s): MacroeconomicLOC classification: HB172.5.A79
Contents:
Contents: Expectations in the macroeconomics -- The Theory of rational expectations -- Testing the rational expectations hypothesis -- Rational expectations and a flexible-price macroeconomic model -- Criticisms of the flexible-price rational expectations model -- Rational expectations and macroeconomics: Two influential empirical studies -- Criticism and reappraisal of the Lucas and Barro models -- Real business cycle theory -- Rational expectations and the permanent-income hypothesis -- Summary and conclusions.
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WISCONSIN INTERNATIONAL UNIVERSITY COLLEGE, GHANA - MAIN LIBRARY
HB172.5.A79 (Browse shelf) Available 961/11

Includes bibliographical references and index.

Contents: Expectations in the macroeconomics -- The Theory of rational expectations -- Testing the rational expectations hypothesis -- Rational expectations and a flexible-price macroeconomic model -- Criticisms of the flexible-price rational expectations model -- Rational expectations and macroeconomics: Two influential empirical studies -- Criticism and reappraisal of the Lucas and Barro models -- Real business cycle theory -- Rational expectations and the permanent-income hypothesis -- Summary and conclusions.

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