Rational Expectations Econometrics

Name: Rational Expectations Econometrics
Brand: Taylor & Francis Ltd
Price: 280.99 AUD
Availability: BackOrder

By: Lars Peter Hansen, Thomas Sargent

Write A Review

Hardcover | 9 September 2019 | Edition Number 1

At a Glance

Hardcover
294 Pages

Dimensions(cm)
24.1 x 15.2 x 2.4

Hardcover

RRP $326.00

$280.99

14%OFF

or 4 interest-free payments of $70.25 with

or

Available for Backorder. We will order this from our supplier however there isn't a current ETA.

At the core of the rational expectations revolution is the insight that economic policy does not operate independently of economic agents'' knowledge of that policy and their expectations of the effects of that policy. This means that there are very complicated feedback relationships existing between policy and the behaviour of economic agents, and these relationships pose very difficult problems in econometrics when one tries to exploit the rational expectations insight in formal economic modelling. This volume consists of work by two rational expectations pioneers dealing with the "nuts and bolts" problems of modelling the complications introduced by rational expectations. Each paper deals with aspects of the problem of making inferences about parameters of a dynamic economic model on the basis of time series observations. Each exploits restrictions on an econometric model imposed by the hypothesis that agents within the model have rational expectations.

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.