Ebook: A rational expectations approach to macroeconometrics: Testing policy ineffectiveness and efficient-markets models
Author: Frederic S Mishkin
- Genre: Economy // Econometrics
- Series: A National Bureau of Economic Research monograph
- Year: 1983
- Publisher: University of Chicago Press
- Language: English
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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.
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