Add to ORKGDevelopment of rational expectations models of the business cycle has been the central issue in macroeconomics over the last 15 years. The postulate that expectations are rational imposes considerable discipline on business cycle analysis. In this essay we review the current literature on rational expectations models of business cycles with specific attention focused on the extent to which the rational expectations perspective has generated a new understanding of economic fluctuations.Macroeconomics ; Business cycles ; Rational expectations (Economic theory)
Abstract: In this paper I show that Austrian trade cycle theory is fully consistent with rational ex...
In this dissertation, we try to gain a further understanding of the working mechanisms of aggregate ...
Includes bibliographical references (leaves 37-38)The Theory of Rational Expectation assumes all inf...
This article discusses existing behavioral economics theory, focused on Rational Expectations. Macro...
Implications of the “Rational Expectations” Hypothesis with Respect to Business Cycle Theory Th...
This paper provides an alternative to the theory of rational expectations (RE). Its central idea is ...
This paper reviews a variety of alternative approaches to the specification of the expectations of e...
A review of the literature concerning how individuals learn to form rational expectations and a disc...
ADInternational audienceIn economics in situations where there is uncertainty one has to attribute s...
The incorporation of rational expectations into economic models is widely recognized as one of the m...
This paper develops a theory of expectations-driven business cycles based on learning. Agents have i...
Macroeconomic events of the 1970's have led to dissatisfaction with the Keynesian theory of business...
Technology are gratefully acknowledged. Usual disclaimer applies. This paper looks into the business...
Summary The concept of rational expectations has played a hugely important role in economics over t...
This paper reviews a variety of alternative approaches to the specification of the expectations of e...
Abstract: In this paper I show that Austrian trade cycle theory is fully consistent with rational ex...
In this dissertation, we try to gain a further understanding of the working mechanisms of aggregate ...
Includes bibliographical references (leaves 37-38)The Theory of Rational Expectation assumes all inf...
This article discusses existing behavioral economics theory, focused on Rational Expectations. Macro...
Implications of the “Rational Expectations” Hypothesis with Respect to Business Cycle Theory Th...
This paper provides an alternative to the theory of rational expectations (RE). Its central idea is ...
This paper reviews a variety of alternative approaches to the specification of the expectations of e...
A review of the literature concerning how individuals learn to form rational expectations and a disc...
ADInternational audienceIn economics in situations where there is uncertainty one has to attribute s...
The incorporation of rational expectations into economic models is widely recognized as one of the m...
This paper develops a theory of expectations-driven business cycles based on learning. Agents have i...
Macroeconomic events of the 1970's have led to dissatisfaction with the Keynesian theory of business...
Technology are gratefully acknowledged. Usual disclaimer applies. This paper looks into the business...
Summary The concept of rational expectations has played a hugely important role in economics over t...
This paper reviews a variety of alternative approaches to the specification of the expectations of e...
Abstract: In this paper I show that Austrian trade cycle theory is fully consistent with rational ex...
In this dissertation, we try to gain a further understanding of the working mechanisms of aggregate ...
Includes bibliographical references (leaves 37-38)The Theory of Rational Expectation assumes all inf...