Learning and Expectations in Macroeconomics

• Main Authors: Evans, George W. (Author), Honkapohja, Seppo (Author)
• Format: Electronic eBook
• Language: English
• Published: Princeton, N.J. : Princeton University Press, [2001]
• Edition: Core Textbook.
• Series: Frontiers of economic research.
• Subjects: ekonomie > metodologie; statistické metody; racionální očekávání; economics > methodology; statistical methods; rational expectations (economic theory); elektronické knihy; monografie; electronic books; monographs

A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expec...