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“thomas sargent”

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  • Rational Expectations Econometrics

    by Lars Peter Hansen, Thomas Sargent ...
    At the core of the rational expectations revolution is the insight that economic policy does not operate independently of economic agents' knowledge of that policy and their expectations of the effects of that policy. This means that there are very complicated feedback relationships existing between policy and the behaviour of economic agents, and these relationships pose very difficult problems ... Read more

    $51.99 USD