skip to content
Rethinking expectations : the way forward for macroeconomics Preview this item
ClosePreview this item

Rethinking expectations : the way forward for macroeconomics

Author: Roman Frydman; Edmund S Phelps
Publisher: Princeton : Princeton University Press, ©2013.
Edition/Format:   Print book : EnglishView all editions and formats

(not yet rated) 0 with reviews - Be the first.

More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...


Document Type: Book
All Authors / Contributors: Roman Frydman; Edmund S Phelps
ISBN: 9780691155234 0691155232
OCLC Number: 913067648
Description: 432 s. : illustrations ; 24 cm
Contents: Which Way Forward for Macroeconomics and Policy Analysis? 1 Roman Frydman and Edmund S. Phelps PART ONE Back to the Foundations 1Expectational Coordination Failures and Market Volatility 49 Roger Guesnerie 2Learning as a Rational Foundation for Macroeconomics and Finance 68 George W. Evans and Seppo Honkapohja 3Keynes on Knowledge, Expectations, and Rationality 112 Sheila Dow 4The Imperfect Knowledge Imperative in Modern Macroeconomics and Finance Theory 130 Roman Frydman and Michael D. Goldberg PART TWO Autonomous Expectations in Long Swings in Asset Prices 5Heterogeneous Gain Learning and Long Swings in Asset Prices 169 Blake LeBaron 6Opening Models of Asset Prices and Risk to Nonroutine Change 207 Roman Frydman and Michael D. Goldberg PART THREE Rethinking Unemployment-Inflation Trade-offs and the Natural Rate Theory 7Animal Spirits, Persistent Unemployment, and the Belief Function 251 Roger E. A. Farmer 8Indeterminacies in Wage and Asset Price Expectations 277 Edmund S. Phelps 9The Long Swings of Employment, Investment, and Asset Prices 301 Gylfi Zoega 10Imperfect Knowledge, Asset Price Swings, and Structural Slumps 328 Katarina Juselius 11Stabilization Policies and Economic Growth 351 Philippe Aghion and Enisse Kharroubi PART FOURPolicymaking after "Rational Expectations" 12Swings and the Rules-Discretion Balance 373 John B. Taylor 13Principled Policymaking in an Uncertain World 389 Michael Woodford Contributors 415 Index 421
Responsibility: edited by Roman Frydman and Edmund S. Phelps.


Editorial reviews

Publisher Synopsis

"This book brings together an exceptional group of economic theorists who discuss future avenues that the economics profession can take to replace the paradigm of rational expectations. The task is Read more...

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...


Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data

Primary Entity

<> # Rethinking expectations : the way forward for macroeconomics
    a schema:Book, schema:CreativeWork ;
   library:oclcnum "913067648" ;
   library:placeOfPublication <> ; # Princeton
   library:placeOfPublication <> ;
   schema:about <> ; # Macroeconomics
   schema:about <> ; # Macroeconomía
   schema:about <> ; # Expectativas racionales (Economía)
   schema:about <> ; # Rational expectations (Economic theory)
   schema:bookFormat bgn:PrintBook ;
   schema:contributor <> ; # Edmund S. Phelps
   schema:contributor <> ; # Roman Frydman
   schema:copyrightYear "2013" ;
   schema:datePublished "2013" ;
   schema:exampleOfWork <> ;
   schema:inLanguage "en" ;
   schema:name "Rethinking expectations : the way forward for macroeconomics" ;
   schema:productID "913067648" ;
   schema:publication <> ;
   schema:publisher <> ; # Princeton University Press
   schema:workExample <> ;
   wdrs:describedby <> ;

Related Entities

<> # Princeton University Press
    a bgn:Agent ;
   schema:name "Princeton University Press" ;

<> # Roman Frydman
    a schema:Person ;
   schema:birthDate "1948" ;
   schema:familyName "Frydman" ;
   schema:givenName "Roman" ;
   schema:name "Roman Frydman" ;

<> # Edmund S. Phelps
    a schema:Person ;
   schema:familyName "Phelps" ;
   schema:givenName "Edmund S." ;
   schema:name "Edmund S. Phelps" ;

<> # Expectativas racionales (Economía)
    a schema:Intangible ;
   schema:name "Expectativas racionales (Economía)" ;

<> # Rational expectations (Economic theory)
    a schema:Intangible ;
   schema:name "Rational expectations (Economic theory)" ;

    a schema:ProductModel ;
   schema:isbn "0691155232" ;
   schema:isbn "9780691155234" ;

Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.