The rational expectations revolution: readings from the front line/
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| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.:
MIT Press,
c1994
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| Subjects: |
| Item Description: | Includes bibliographical references (p. [483]-499) and index. Contents: 11. Why Markets in Foreign Exchange Are Different from Other Markets /Neil Wallace. 12. International Coordination of Macroeconomic Policies:A Welfare Analysis / Preston J. Miller and Neil Wallace. 13. A Case forFixing Exchange Rates / Arthur J. Rolnick and Warren E. Weber -- IV.Business Cycle Analysis. 14. Theory Ahead of Business Cycle Measurement/ Edward C. Prescott. 15. Some Skeptical Observations on Real BusinessCycle Theory / Lawrence H. Summers. 16. Response to a Skeptic / EdwardC. Prescott. 17. Business Cycles: Real Facts and a Monetary Myth / FinnE. Kydland and Edward C. Prescott. 18. The Labor Market in RealBusiness Cycle Theory / Gary D. Hansen and Randall Wright. 19. EconomicFluctuations without Shocks to Fundamentals; Or, Does the Stock MarketDance to Its Own Music? / S. Rao Aiyagari -- V. EmpiricalMacroeconomics. 20. Why Is Consumption Less Volatile Than Income? /Lawrence J. Christiano. 21. Modeling the Liquidity Effect of a MoneyShock / Lawrence J. Christiano. |
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| Physical Description: | xvii, 512 p. : graphs. ; 23 cm. |
| ISBN: | 0262132974 0262631555 |