Learning And Expectations In Macroeconomics
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Originally published | 2001 |
Authors | George W. Evans |
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ID | 2426184 |
About Learning And Expectations In Macroeconomics
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. . . .