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Rational Expectations and Econometric Practice - Hardcover

 
9780043390184: Rational Expectations and Econometric Practice

Synopsis

Rational Expectations and Econometric Practice was first published in 1981. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.

Assumptions 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 doctrine of rational expectations uses standard economic methods to explain how those expectations are formed.

This work collects the papers that have made significant contributions to formulating the idea of rational expectations. Most of the papers deal with the connections between observed economic behavior and the evaluation of alternative economic policies.

Robert E. Lucas, Jr., is professor of economics at the University of Chicago. Thomas J. Sargent is professor of economics at the University of Minnesota and adviser to the Federal Reserve Bank of Minnesota.

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From the Back Cover

Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible to scholars, students, researchers, and general readers. Rich with historical and cultural value, these works are published unaltered from the original University of Minnesota Press editions. The books offered through Minnesota Archive Editions are produced in limited quantities according to customer demand and are available through select distribution partners.

About the Author

Thomas J. Sargent is the Berkley Professor of Economics and Business at New York University.

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  • PublisherHarperCollins Publishers Ltd
  • Publication date1982
  • ISBN 10 0043390188
  • ISBN 13 9780043390184
  • BindingHardcover
  • LanguageEnglish
  • Number of pages729

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Lucas, Robert E. Jr. & Thomas J. Sargent (eds.)
ISBN 10: 0043390188 ISBN 13: 9780043390184
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Lucas, Robert E.
Published by Harpercollins Publishers Ltd, 1982
ISBN 10: 0043390188 ISBN 13: 9780043390184
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Condition: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In fair condition, suitable as a study copy. No dust jacket. Re-bound by library. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1350grams, ISBN:0043390188. Seller Inventory # 3702267

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Lucas, Robert E.
Published by Allen & Unwin, 1981
ISBN 10: 0043390188 ISBN 13: 9780043390184
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Condition: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1400grams, ISBN:0043390188. Seller Inventory # 9747645

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Lucas, R. E. & Sargent, T. J. (eds)
Published by Allen & Unwin, 1981
ISBN 10: 0043390188 ISBN 13: 9780043390184
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Seller: Anybook.com, Lincoln, United Kingdom

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Condition: Fair. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Clean from markings. In fair condition, suitable as a study copy. Dust jacket in poor condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1450grams, ISBN:0043390188. Seller Inventory # 9937457

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Lucas Jr., R.E. and Sargent, T.J. (eds)
Published by George Allen & Unwin, 1981
ISBN 10: 0043390188 ISBN 13: 9780043390184
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Condition: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Book contains pen markings. In poor condition, suitable as a reading copy. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,1400grams, ISBN:0043390188. Seller Inventory # 8663169

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