Rational Expectations and Econometric Practice.

Assumptins 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 doctrin...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Main Author: Lucas, Robert E.
Other Authors: Sargent, Thomas J.
Format: Electronic eBook
Language:English
Published: Minneapolis : University of Minnesota Press, 1977
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Local Note:ProQuest Ebook Central
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Rational Expectations and Econometric Practice. by Lucas, Robert E.

Published 1981
Full text (MCPHS users only)
Electronic eBook
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Rational Expectations and Econometric Practice. by Lucas, Robert E.

Published 1977
Full text (MCPHS users only)
Electronic eBook