The Rational Expectations Revolution

The Rational Expectations Revolution
Author :
Publisher : MIT Press
Total Pages : 534
Release :
ISBN-10 : 0262631555
ISBN-13 : 9780262631556
Rating : 4/5 (55 Downloads)

Book Synopsis The Rational Expectations Revolution by : Preston J. Miller

Download or read book The Rational Expectations Revolution written by Preston J. Miller and published by MIT Press. This book was released on 1994 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: These 21 readings describe the orgins and growth of the macroeconomic analysis known as "rational expectations". The readings trace the development of this approach from the late 1970s to the 1990s.


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At the core of the rational expectations revolution is the insight that economic policy does not operate independently of economic agents' knowledge of that pol