A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient-Markets Models

A Rational Expectations Approach to Macroeconometrics pursues a rational expectations approach to the estimation of a class of models widely discussed in the macroeconomics and finance literature: those which emphasize the effects from unanticipated, rather than anticipated, movements in simples. In this volume, Fredrick S. Mishkin first theoretically develops and discusses a unified econometric treatment of these models and then shows how to estimate them with an annotated computer program.

Book details

• Author: Frederic S. Mishkin
• Publisher: University of Chicago Press
• Edition: 1st Edition
• eText ISBN: 9780226531922
• Print ISBN: 9780226531878
• Format: Fixed Layout
• Language: en
• Copyright: 1983