Rational expectations and economic policy /
Several areas in economics today have unprecedented significance and vitality. Most people would agree that stabilization policy ranks with the highest of these. Continuing inflation and periodic serious acceleration of inflation combined with high and secularly rising unemployment combine to give t...
| Автор-организации: | National Bureau of Economic Research. |
|---|---|
| Други автори: | Fischer, Stanley. |
| Формат: | Електронна книга |
| Език: | English |
| Публикувано: |
Chicago :
University of Chicago Press,
℗♭1980.
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| Серия: |
Conference report (National Bureau of Economic Research)
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| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=228228 |
| Подобни документи: |
Print version::
Rational expectations and economic policy. |
Съдържание:
- Rational Expectations and Economic Policy; Contents; Acknowledgments; Introduction; 1. Rational Expectations, Business Cycles, and Government Behavior; 2. Unanticipated Money and Economic Activity; 3. The Monetary Mechanism in the Light of Rational Expectations; 4. Can the Fed Control Real Interest Rates?; 5. A Competitive Theory of Fluctuations and the Feasibility and Desirability of Stabilization Policy; 6. Rules, Discretion, and the Role of the Economic Advisor; 7. On Activist Monetary Policy with Rational Expectations; 8. What to Do (Macroeconomically) When OPEC Comes.