Learning and Expectations in Macroeconomics

Learning and Expectations in Macroeconomics pdf epub mobi txt 電子書 下載2025

出版者:Princeton University Press
作者:George W. Evans
出品人:
頁數:440
译者:
出版時間:2001-1-8
價格:GBP 70.95
裝幀:Hardcover
isbn號碼:9780691049212
叢書系列:
圖書標籤:
  • 經濟學 
  • ML 
  • 宏觀經濟學 
  • Economics 
  •  
想要找書就要到 圖書目錄大全
立刻按 ctrl+D收藏本頁
你會得到大驚喜!!

A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. Here George Evans and Seppo Honkapohja bring new explanatory power to a variety of expectation formation models by focusing on the learning factor. Whereas the rational expectations paradigm offers the prevailing method to determining expectations, it assumes very theoretical knowledge on the part of economic actors. Evans and Honkapohja contribute to a growing body of research positing that households and firms learn by making forecasts using observed data, updating their forecast rules over time in response to errors.This book is the first systematic development of the new statistical learning approach. Depending on the particular economic structure, the economy may converge to a standard rational-expectations or a "rational bubble" solution, or exhibit persistent learning dynamics. The learning approach also provides tools to assess the importance of new models with expectational indeterminacy, in which expectations are an independent cause of macroeconomic fluctuations. Moreover, learning dynamics provide a theory for the evolution of expectations and selection between alternative equilibria, with implications for business cycles, asset price volatility, and policy. This book provides an authoritative treatment of this emerging field, developing the analytical techniques in detail and using them to synthesize and extend existing research.

具體描述

讀後感

評分

評分

評分

評分

評分

用戶評價

评分

七年前看不懂的書,現在看如此簡單

评分

七年前看不懂的書,現在看如此簡單

评分

七年前看不懂的書,現在看如此簡單

评分

七年前看不懂的書,現在看如此簡單

评分

七年前看不懂的書,現在看如此簡單

本站所有內容均為互聯網搜索引擎提供的公開搜索信息,本站不存儲任何數據與內容,任何內容與數據均與本站無關,如有需要請聯繫相關搜索引擎包括但不限於百度google,bing,sogou

© 2025 qciss.net All Rights Reserved. 小哈圖書下載中心 版权所有