A Structural Analysis of Expectation Formation
Language: English
Published by Springer, Springer Mär 1991, 1991
- Softcover
- New
Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.
AbeBooks seller since January 11, 2012
Condition: New
£ 46.73
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Add to basketItem description from seller
This item is printed on demand - it takes 3-4 days longer - Neuware -Using panel data of individual firms drawn from French surveys, a structural analysis is developed to study the formation of production plans and the rationality of expectations. The production decision of a firm is defined as the optimal solution of a dynamic stochastic optimization problem. The empirical work amounts to recovering the structural parameters characterizing the model of the firm from estimates of the derived decision rule. The preceding analysis of production plans is based on the assumption that firms are rational. To justify this assumption, direct tests offer evidence that the Rational Expectations Hypothesis may not be rejected for quantity variables. 248 pp. Englisch.
Seller Inventory # 9783540536659
- Title
- A Structural Analysis of Expectation Formation
- Author
- Marc Ivaldi
- Publisher
- Springer, Springer Mär 1991
- Publication year
- 1991
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 3540536655
- ISBN 13
- 9783540536659
- Item weight
- 435 grams
- Dimensions
- 244x170x14 mm
"Synopsis" may belong to another edition of this title.
BuchWeltWeit Ludwig Meier e.K.
Bergisch Gladbach, Germany
AbeBooks seller since January 11, 2012
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BuchWeltWeit Ludwig Meier e.K.
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