Rational Expectations And Inflation

Download Rational Expectations And Inflation full books in PDF, epub, and Kindle. Read online free Rational Expectations And Inflation ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Rational Expectations and Inflation

Rational Expectations and Inflation
Author :
Publisher : Princeton University Press
Total Pages : 390
Release :
ISBN-10 : 9781400847648
ISBN-13 : 1400847648
Rating : 4/5 (648 Downloads)

Book Synopsis Rational Expectations and Inflation by : Thomas J. Sargent

Download or read book Rational Expectations and Inflation written by Thomas J. Sargent and published by Princeton University Press. This book was released on 2013-05-05 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.


Rational Expectations and Inflation Related Books

Rational Expectations and Inflation
Language: en
Pages: 390
Authors: Thomas J. Sargent
Categories: Business & Economics
Type: BOOK - Published: 2013-05-05 - Publisher: Princeton University Press

DOWNLOAD EBOOK

A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examin
Rational Expectations and Inflation
Language: en
Pages: 389
Authors: Thomas J. Sargent
Categories: Business & Economics
Type: BOOK - Published: 2013-05-05 - Publisher: Princeton University Press

DOWNLOAD EBOOK

A fully expanded edition of the Nobel Prize–winning economist's classic book This collection of essays uses the lens of rational expectations theory to examin
Rational Expectations and Inflation
Language: en
Pages: 234
Authors: Thomas J. Sargent
Categories: Business & Economics
Type: BOOK - Published: 1986 - Publisher: New York : Harper & Row

DOWNLOAD EBOOK

Inflation Expectations
Language: en
Pages: 402
Authors: Peter J. N. Sinclair
Categories: Business & Economics
Type: BOOK - Published: 2009-12-16 - Publisher: Routledge

DOWNLOAD EBOOK

Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t
A Rational Expectations Approach to Macroeconometrics
Language: en
Pages: 184
Authors: Frederic S. Mishkin
Categories: Business & Economics
Type: BOOK - Published: 2007-11-01 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the ma