Rational expectations and economic policy
著者
書誌事項
Rational expectations and economic policy
(A National Bureau of Economic Research conference report)
University of Chicago Press, 1981
- : pbk
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注記
Proceedings of a conference sponsored by the National Bureau of Economic Research, held at Bald Peak Colony Club, N.H., in Oct. 1978
Includes index
内容説明・目次
内容説明
"Several areas in economics today have unprecedented significance and vitality. Most people would agree that stabilization policy ranks with the highest of these. Continuing inflation and periodic serious acceleration of inflation combined with high and secularly rising unemployment combine to give the area high priority. This book brings us up to date on an extremely lively discussion involving the role of expectations, and more particularly rational expectations, in the conduct of stabilization policy. . . . Anyone interested in the role of government in economics should read this important book."-C. Glyn Williams, The Wall Street Review of Books
"This is a most timely and valuable contribution. . . . The contributors and commentators are highly distinguished and the editor has usefully collated comments and the ensuing discussion. Unusually for a conference proceedings the book is well indexed and it is also replete with numerous and up-to-date references. . . . This is the first serious book to examine the rational expectations thesis in any depth, and it will prove invaluable to anyone involved with macroeconomic policy generally and with monetary economics in particular."-G. K. Shaw, The Economic Journal
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