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Monetary Policy and Rational Expectations

Monetary Policy and Rational Expectations

Hardcover

EconomicsInvesting & FinanceGeneral Education

ISBN10: 0275923274
ISBN13: 9780275923273
Publisher: Praeger
Published: Mar 12 1987
Pages: 170
Weight: 0.81
Height: 0.56 Width: 5.50 Depth: 8.50
Language: English
This book puts forward the view that rational expectations have a key role in formulating economic policy and in determining economic activity, prices, interest rates, and employment rates. Arguing that economic policy crucially depends upon expectations about future government policies, the author supports his thesis by drawing on monetary theory as well as on the actual experiences of several post-World War II countries.

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Investing & Finance