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

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Bibliographic Details
Author / Creator:	Mishkin, Frederic S.
Imprint:	Chicago : University of Chicago Press, 1983.
Description:	1 online resource (185 pages).
Language:	English
Series:	National Bureau of Economic Research Monograph National Bureau of Economic Research monograph.
Subject:	Rational expectations (Economic theory) Macroeconomics. Econometrics. Econometrics. Macroeconomics. Rational expectations (Economic theory) Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/11347198

Hidden Bibliographic Details
ISBN:	9780226531922 0226531929
Notes:	Print version record.
Summary:	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.
Other form:	9780226531878

Table of Contents:

Acknowledgments; 1. Introduction; Part 1 Econometric Theory and Methodology; 2. The Econometric Methodology; 3. An Integrated View of Tests of Rationality, Market Efficiency, and the Short-Run Neutrality of Aggregate Demand Policy; Part 2 Empirical Studies; 4. Are Market Forecasts Rational?; 5. Monetary Policy and Interest Rates: An Efficient Markets-Rational Expectations Approach; 6. Does Anticipated Aggregate Demand Policy Matter?; 7. Concluding Remarks; References; Index.

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