Monetary Policy and Rational Expectations

By George Macesich

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.

• Format: Hardcover
• Language: English
• ISBN: 0275923274
• ISBN13: 9780275923273
• Release Date: March 1987
• Publisher: Praeger
• Length: 170 Pages
• Weight: 0.81 lbs.
• Dimensions: 0.6" x 5.5" x 8.5"