Learning and Expectations in Macroeconomics (Frontiers of Economic Research)

by Seppo Honkapohja (Author), George W. Evans (Author)

• New

  Hardcover
  2001

  $87.81

  Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. This title explains a variety of expectation formation models by focusing on the learning factor. It develops analytical techniques and uses them to synthesize and extend research.