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the rational expectations revolution readings from the front line

rational expectations new classical economics economic theory macroeconomics front line readings

Explore the seminal readings that shaped the rational expectations revolution in economics. This collection offers insights into the core principles and impact of this influential theory on macroeconomic thought, providing a comprehensive overview of the key debates and advancements from the front line of economic research.

rational expectations approach to macroeconometrics testing policy ineffectiveness and efficient markets models author frederic s mishkin jan 1986

rational expectations macroeconometrics policy ineffectiveness efficient markets models economic policy testing

This seminal work by Frederic S. Mishkin, published in January 1986, rigorously applies the rational expectations approach to macroeconometrics. It critically examines methodologies for testing policy ineffectiveness and validating efficient markets models, offering crucial insights into the empirical analysis of economic policy and its theoretical underpinnings.

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the rational expectations revolution readings from the front line

rational expectations approach to macroeconometrics testing policy ineffectiveness and efficient markets models author frederic s mishkin jan 1986