{"product_id":"rational-expectations-in-macroeconomics-9780631179474","title":"Rational Expectations in Macroeconomics","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eDesigned to explain the concept of rational expectations in macroeconomics, this book offers a comprehensive survey of the foundations, extensions and policy applications of the rational expectations hypothesis. This edition includes work on time inconsistency and variance.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\"... A highly successful attempt to make this difficult, important and controversial field accessible to students. Strongly recommended.\" \u003ci\u003eTimes Higher Education Supplement\u003c\/i\u003e \u003cp\u003e\"... A lucid introduction to rational expectations theory, its policy prescriptions and empirical applications.\" \u003ci\u003eSheila Dow, The Economic Journal\u003c\/i\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface. \u003cp\u003e1. Expectations in Macroeconomics.\u003c\/p\u003e \u003cp\u003e2. The Theory of Rational Expectations.\u003c\/p\u003e \u003cp\u003e3. Testing the Rational Expectations Hypothesis.\u003c\/p\u003e \u003cp\u003e4. Rational Expectations and a Flexible Price Macroeconomic Model.\u003c\/p\u003e \u003cp\u003e5. Criticisms of the Flexible Price Rational Expectations Model.\u003c\/p\u003e \u003cp\u003e6. Rational Expectations and Macroeconomics: Two Influential Empirical Studies.\u003c\/p\u003e \u003cp\u003e7. Criticism and Reappraisal of the Lucas and Barro Models.\u003c\/p\u003e \u003cp\u003e8. Real Business Cycle Theory.\u003c\/p\u003e \u003cp\u003e9. Rational Expectations and the Real Income Hypothesis.\u003c\/p\u003e \u003cp\u003e10. Summary and Conclusions.\u003c\/p\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":49403394195799,"sku":"9780631179474","price":47.45,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780631179474.jpg?v=1730483332","url":"https:\/\/bookcurl.com\/products\/rational-expectations-in-macroeconomics-9780631179474","provider":"Book Curl","version":"1.0","type":"link"}