Monetary policy and rational expectations

Bibliographic Information

Monetary policy and rational expectations

George Macesich

Praeger, 1987

  • : alk. paper

Available at  / 30 libraries

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Note

Bibliography: p. [139]-147

Includes index

Description and Table of Contents

Description

This book puts forward the view that rational expectations have a key role in formulating economic policy and in determining economic activity, prices, interest rates, and employment rates. Arguing that economic policy crucially depends upon expectations about future government policies, the author supports his thesis by drawing on monetary theory as well as on the actual experiences of several post-World War II countries.

Table of Contents

Preface Debate over Monetary Policy In Search of a Monetary Regime: The International Dimension Are We All Monetarists Now? Monetarists, New Classicalism, and Rational Expectations Methodological Issue Business Cycle Issue A Look at the Evidence Prescription for Monetary Policy and Rational Expectations Selected Bibliography Index

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