Economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. Professor Sheffrin first explores the logical foundation of the concept and the case for employing it in economic analysis. Subsequent chapters investigate its use in macroeconomics, financial markets, and microeconomics. A final chapter assesses its impact on theoretical and empirical work in economics and policy arenas. The author ...
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Economists have developed models in which individuals form expectations of key variables in a 'rational' manner such that these expectations are consistent with actual economic environments. Professor Sheffrin first explores the logical foundation of the concept and the case for employing it in economic analysis. Subsequent chapters investigate its use in macroeconomics, financial markets, and microeconomics. A final chapter assesses its impact on theoretical and empirical work in economics and policy arenas. The author argues that while rational expectations are still central to macroeconomic policy debates, fully workable models have not yet been devised, and offers reasons for the lack of practical and conceptual progress. All chapters of the second edition have been revised or expanded. New sections inter alia include material on learning, the rationality of reported expectations, alternative recent developments explicitly or implicitly using rational expectations, new tests of the Lucas critique, and models of noise trading. The book is written in a non-technical fashion for beginning graduate students and non-specialists.
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Add this copy of Rational Expectations Second Edition (Cambridge Surveys to cart. $32.67, good condition, Sold by Cambridge Rare Books rated 4.0 out of 5 stars, ships from Cambridge, Gloucestershire, UNITED KINGDOM, published 1996 by Cambridge University Press.
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1996-08-29. Cambridge University Press. Hardcover. GOOD Black titles. Gilt titles. Previous owner sticker on front inside page. Stamped with the word damaged however the book is in good condition. 9 x 6.
Add this copy of Rational Expectations to cart. $36.84, fair condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1996 by Cambridge University Press.
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This is an ex-library book and may have the usual library/used-book markings inside. This book has soft covers. Clean from markings In fair condition, suitable as a study copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 400grams, ISBN: 9780521479394.
Add this copy of Rational Expectations (Cambridge Surveys of Economic to cart. $43.20, like new condition, Sold by Prior Books rated 5.0 out of 5 stars, ships from Cheltenham, GLOUCESTERSHIRE, UNITED KINGDOM, published 1996 by Cambridge University Press.
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Like New. In nearly new condition: bright, crisp and clean with just a few creases to the covers, hence just a small publisher 'damaged' stamp at the prelims. Looks and feels unread. Thus a very nice copy, now offered for sale at a very reasonable price.
Add this copy of Rational Expectations to cart. $48.84, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 1996 by Cambridge University Press.
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New. Trade paperback (US). Contains: Line drawings. Cambridge Surveys of Economic Literature . 16 b/w illus. Intended for professional and scholarly audience.
Add this copy of Rational Expectations (Cambridge Surveys of Economic to cart. $52.63, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1996 by Cambridge University Press.
Add this copy of Rational Expectations to cart. $58.68, new condition, Sold by Ria Christie Books rated 5.0 out of 5 stars, ships from Uxbridge, MIDDLESEX, UNITED KINGDOM, published 1996 by Cambridge University Press.
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New. Trade paperback (US). 200 p. Cambridge Surveys of Economic Literature . 16 Line drawings, unspecified. Intended for professional and scholarly audience.
Add this copy of Rational Expectations (Cambridge Surveys of Economic to cart. $59.95, fair condition, Sold by Broad Street Books rated 5.0 out of 5 stars, ships from Branchville, NJ, UNITED STATES, published 1996 by Cambridge University Press.
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Fair. Cloth boards with gilt lettering on spine. Book is in very nice overall condition, text is unmarked. Bottom edge of pages have a very light damp stain.
Add this copy of Rational Expectations to cart. $66.62, new condition, Sold by Booksplease rated 4.0 out of 5 stars, ships from Southport, MERSEYSIDE, UNITED KINGDOM, published 1996 by Cambridge University Press.
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New. Trade paperback (US). Contains: Line drawings. Cambridge Surveys of Economic Literature . 16 b/w illus. Intended for professional and scholarly audience.
Add this copy of Rational Expectations to cart. $68.16, new condition, Sold by Revaluation Books rated 4.0 out of 5 stars, ships from Exeter, DEVON, UNITED KINGDOM, published 1996 by Cambridge Univ Pr.
