A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient-Markets Models
- ISBN-10
- 0226531929
- ISBN-13
- 9780226531922
- Category
- Business & Economics
- Pages
- 179
- Language
- English
- Published
- 2007-11-01
- Publisher
- University of Chicago Press
- Author
- Frederic S. Mishkin
Description
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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