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Rethinking expectations : the way forward for macroeconomics /

"This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark "Phelps volume," Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomi...

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Други автори: Frydman, Roman, 1948-, Phelps, Edmund S.
Формат: Книга
Език: English
Публикувано: Princeton, N.J. : Princeton University Press, c2013.
Предмети:
Съдържание:
  • Which way forward for macroeconomics and policy analysis? / Roman Frydman and Edmund S. Phelps
  • Expectational coordination failures and market volatility / Roger Guesmerie
  • Learning as a rational foundation for macroeconomics and finance / George W. Evans and Seppho Honkapohja
  • Keynes on knowledge, expectations, and rationality / Sheila Dow
  • The imperfect knowledge imperative in modern macroeconomics and finance theory / Roman Frydman and Michael D. Goldberg
  • Heterogeneous gain learning and long swings in asset prices / Blake LeBaron
  • Opening models of asset prices and risk to nonroutine change / Roman Frydman and Michael D. Goldberg
  • Animal spirits, persistent unemployment, and the belief function / Roger E. A. Farmer
  • Indeteminancies in wage and asset price expectations / Edmund S. Phelps
  • The long swings of employment, investment, and asset prices / Gylfi Zoega
  • Imperfect knowledge, asset price swings, and structural slumps / Katarina Juselius
  • Stabilization policies and economic growth / Philippe Aghion and Enisse Kharoubi
  • Swings and the rules-discretion balance / John B. Taylor
  • Principled policymaking in an uncertain world / Michael Woodford.