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

Saved in:
Bibliographic Details
Author / Creator:Mishkin, Frederic S.
Imprint:Chicago : University of Chicago Press, 1983.
Description:1 online resource (185 pages).
Series:National Bureau of Economic Research Monograph
National Bureau of Economic Research monograph.
Subject:Rational expectations (Economic theory)
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
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.