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Hardcover Economics, Economists and Expectations: From Microfoundations to Macroapplications Book

ISBN: 0415085152

ISBN13: 9780415085151

Economics, Economists and Expectations: From Microfoundations to Macroapplications

The concept of rational expectations has played a hugely important role in economics over the years. Dealing with the origins and development of modern approaches to expectations in micro and macroeconomics, this book makes use of primary sources and previously unpublished material from such figures as Hicks, Hawtrey and Hart. The accounts of the 'founding fathers' of the models themselves are also presented here for the first time. The authors...

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