A Rational Expectations Approach to Macroeconometrics : Testing Policy Ineffectiveness and Efficient-Markets Models

by Frederic S. Mishkin

Book Details

Format Paperback / Softback

Book Series National Bureau of Economic Research Monograph

ISBN-10 0226531872

ISBN-13 9780226531878

Publisher The University of Chicago Press

Imprint University of Chicago Press

Country of Manufacture US

Country of Publication GB

Publication Date Jan 1st, 1986

Print length 179 Pages

Weight 284 grams

Dimensions 2.30 x 1.60 x 0.10 cms

Product Classification: Macroeconomics

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A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in variables. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.

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