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Learning and expectations in macroeconomics

Author: George W Evans; Seppo Honkapohja
Publisher: Princeton, N.J. : Princeton University Press, ©2001.
Series: Frontiers of economic research.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. Here George Evans and Seppo Honkapohja bring new explanatory power to a variety of expectation formation  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Evans, George W., 1949-
Learning and expectations in macroeconomics.
Princeton, N.J. : Princeton University Press, ©2001
(DLC) 00048320
(OCoLC)45066312
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: George W Evans; Seppo Honkapohja
ISBN: 1400814081 9781400814084 1283379562 9781283379564 9781400824267 1400824265
OCLC Number: 52245631
Description: 1 online resource (xviii, 421 pages) : illustrations.
Contents: pt. 1. View of the landscape --
pt. 2. Mathematical background and tools --
pt. 3. Learning in linear models --
pt. 4. Learning in nonlinear models --
pt. 5. Further topics.
Series Title: Frontiers of economic research.
Responsibility: George W. Evans and Seppo Honkapohja.
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Abstract:

Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. This title explains a variety of expectation  Read more...

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"An excellent, wide ranging and detailed survey of what is known about the stability under learning of a wide variety of models... [A]n essential reference for researchers."--Margaret Bray, Journal Read more...

 
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