Since the rational expectations revolution in macroeconomics, the subject has changed massively, adopting the principles behind the revolution and building on them in a spectacular way. In this text, the authors guide the student through what has become the conceptual and mathematical maze of modern macroeconomics. It is intended primarily for the ...
Since the rational expectations revolution in macroeconomics, the subject has changed massively, adopting the principles behind the revolution and building on them in a spectacular way. In this text, the authors guide the student through what has become the conceptual and mathematical maze of modern macroeconomics. It is intended primarily for the ...
This new edition of an established text represents a practical introduction to the principles and applications of Rational Expectations (RE) methods in macroeconomics for third-year undrgraduates and postgraduates. In his book, the author sets out to provide a basic working knowledge of the Rational Expectations Hypothesis (REH) by demonstrating ...
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