Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined
Individual Forecasting and Aggregate Outcomes: 'Rational Expectations' Examined
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个人预测和总体结果:审视“理性预期”
DOI:
10.1017/cbo9780511625763
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发表时间:
1987
期刊:
影响因子:
--
通讯作者:
E. Phelps
中科院分区:
文献类型:
--
作者:
R. Frydman;E. Phelps
Preface 1. Introduction Roman Frydman and Edmund S. Phelps 2. The trouble with 'rational expectations' and the problem of inflation stabilization Edmund S. Phelps Comment Phillip Cagan 3. Expectations of others' expectations and the transitional nonneutrality of fully believed systematic monetary policy Juan Carlos Di Tata Comment Clive Bull 4. The stability of rational expectations in macroeconomic models George Evans Comment Guillermo A. Calvo 5. Individual rationality, decentralization, and the rational expectations hypothesis Roman Frydman 6. Convergence to rational expectations equilibrium Margaret Bray Comment Roy Radner 7. A distinction between the unconditional expectational equilibrium and the rational expectations equilibrium Roman Frydman 8. On mistaken beliefs and resultant equilibria Alan Kirman Comment Jerry Green 9. Equilibrium theory with learning and disparate expectations: some issues and methods Robert M. Townsend Comment John B. Taylor 10. Keynesianism, monetarism, and rational expectations: some reflections and conjectures Axel Leijonhufvud Comment Frank Hahn Index.