Author: Stephen J. TurnovskyPublisher:
ISBN:
Category :
Languages : en
Pages : 60
Book Description
Some Empirical Evidence on the Formation of Price Expectations
Author: Stephen J. TurnovskyEmpirical Evidence on the Formation of Price Expectations
Author: Stephen J. TurnovskyPublisher:
ISBN:
Category : Price
Languages : en
Pages : 14
Book Description
Consumer Expectations
Author: Richard Thomas CurtinPublisher: Cambridge University Press
ISBN: 1107004691
Category : Business & Economics
Languages : en
Pages : 365
Book Description
Proposes a new comprehensive theory about how expectations are formed and how they shape the macro economy.
Inflation Expectations
Author: Peter J. N. SinclairPublisher: Routledge
ISBN: 1135179778
Category : Business & Economics
Languages : en
Pages : 402
Book Description
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.
Price Expectations in Goods and Financial Markets
Author: François GardesPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 322
Book Description
Economists and scholars in related fields discuss the concept of rationality of expectations from both a theoretical and an empirical point of view, and at both individual and collective levels. Concerning the first aspect, the book focuses on how agents collect and process information and how market opinion is formed. Concerning the second aspect, it presents studies based on individual price expectations and on the consensus revealed by survey data. Contributors analyze price expectations in a variety of markets, periods, and countries, paying special attention to financial markets which have represented the main field of study over the last ten years. Annotation copyrighted by Book News Inc., Portland, OR
Empirical Tests of the Formation of Expectations
Author: Ingvild SvendsenPublisher:
ISBN:
Category : Economic forecasting
Languages : en
Pages : 60
Book Description
An Empirical Analysis of Price Expectations Formation
Author: Lawrence Michael VielhaberPublisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 380
Book Description
Nonlinear Expectation Formation in the U.S. Stock Market : Empirical Evidence from the Livingston Survey
Author: Christian PierdziochA Reader's Guide to Rational Expectations
Author: Deborah A. RedmanPublisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 216
Book Description
The major purpose of this work is to make staying up to date with rational expectations (RE) easier for economists in government, academia and industry, as well as for students.
Monetary Trends in the United States and the United Kingdom
Author: Milton FriedmanPublisher: University of Chicago Press
ISBN: 0226264254
Category : Business & Economics
Languages : en
Pages : 697
Book Description
The special task of this book is to present a statistical and theoretical analysis of the relation between the quantity of money and other key economic magnitudes over periods longer than those dominated by cyclical fluctuations-hence the term trends in the title. This book is not restricted to the United States but includes comparable data for the United Kingdom.