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Rational Expectations and the New Macroeconomics
Af: Patrick Minford Engelsk Paperback
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kr 83
Rational Expectations and the New Macroeconomics
Af: Patrick Minford Engelsk Paperback
Rational Expectations Macroeconomics is the second edition of Rational Expectations and the New Macroeconomics by Patrick Minford and David Peel. Under the sole authorship of Profesor Minford, this new dition represents a practical introduction to the principles and applications of rational expectations (RE) methods in macroeconomics for third year undergraduates and postgraduates.

The author sets out to provide a basic working knowledge of the Rational Expectations Hypothesis (REH) by demonstrating in full various methods for solving RE models. The book then deals with policies and issues frequently encountered when applying these models including: stabilization policy, fiscal policy, the political economy of democracy and the Phillips curve. Finally, the author turns to methods of testing the REH. By the end of the book, students should be in a position to apply RE models to whatever economy they are concerned with. Professor Minford has updated the text extensively and included new chapters on representatitve agent models (increasingly used in a applied forecasting and policy analysis) and modelling the open economy.

In the decade since the first edition of this classic text was written, the economics profession''s respect for the REH has only increased. The author''s introductory and concluding chapters place the REH research programme in its historical context, assess the current state of the debate and look ahead to future research in this important subject.

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Rational Expectations Macroeconomics is the second edition of Rational Expectations and the New Macroeconomics by Patrick Minford and David Peel. Under the sole authorship of Profesor Minford, this new dition represents a practical introduction to the principles and applications of rational expectations (RE) methods in macroeconomics for third year undergraduates and postgraduates.

The author sets out to provide a basic working knowledge of the Rational Expectations Hypothesis (REH) by demonstrating in full various methods for solving RE models. The book then deals with policies and issues frequently encountered when applying these models including: stabilization policy, fiscal policy, the political economy of democracy and the Phillips curve. Finally, the author turns to methods of testing the REH. By the end of the book, students should be in a position to apply RE models to whatever economy they are concerned with. Professor Minford has updated the text extensively and included new chapters on representatitve agent models (increasingly used in a applied forecasting and policy analysis) and modelling the open economy.

In the decade since the first edition of this classic text was written, the economics profession''s respect for the REH has only increased. The author''s introductory and concluding chapters place the REH research programme in its historical context, assess the current state of the debate and look ahead to future research in this important subject.

Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 260
ISBN-13: 9780631177883
Indbinding: Paperback
Udgave:
ISBN-10: 0631177884
Kategori: Makroøkonomi
Udg. Dato: 23 jul 1992
Længde: 20mm
Bredde: 223mm
Højde: 155mm
Oplagsdato: 23 jul 1992
Forfatter(e): Patrick Minford
Forfatter(e) Patrick Minford


Kategori Makroøkonomi


Sprog Engelsk


Indbinding Paperback


Sider 260


Udgave


Længde 20mm


Bredde 223mm


Højde 155mm


Udg. Dato 23 jul 1992


Oplagsdato 23 jul 1992

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