Rational expectations : retrospect and prospect

a panel discussion with Michael Lovell, Robert Lucas, Dale Mortensen, Robert Shiller, Neil Wallace ; moderated by Kevin Hoover, Warren Young

The transcript of a panel discussion marking the fiftieth anniversary of John Muth's "Rational Expectations and the Theory of Price Movements" (Econometrica 1961). The panel consists of Michael Lovell, Robert Lucas, Dale Mortensen, Robert Shiller, and Neil Wallace. The discussion is moderated by Kevin Hoover and Warren Young. The panel touches on a wide variety of issues related to the rational-expectations hypothesis, including: its history, starting with Muth's work at Carnegie Tech; its methodological role; applications to policy; its relationship to behavioral economics; its role in the recent financial crisis; and its likely future.

MoreLess

Year of publication:	30 May 2011
Other Persons:	Lovell, Michael C. (panelist) ; Lucas, Robert E. (panelist) ; Mortensen, Dale (panelist) ; Shiller, Robert J. (panelist) ; Wallace, Neil (panelist) ; Hoover, Kevin D. (moderator) ; Young, Warren (moderator)
Publisher:	[Durham, NC] : Center for the History of Political Economy at Duke University
Subject:	rational expectations \| John F. Muth \| macroeconomics \| dynamics \| macroeconomic policy \| behavioral economics \| efficient markets \| Theorie \| Theory \| Rationale Erwartung \| Rational expectations \| Verhaltensökonomik \| Behavioral economics \| Makroökonomik \| Macroeconomics \| Geldpolitik \| Monetary policy \| Rationalität \| Rationality \| Wirtschaftspolitik \| Economic policy

freely available

Full text |

More access options

hope.econ.duke.edu

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 46 Seiten)
Series:	CHOPE working paper. - Durham, NC, ZDB-ID 2672713-4. - Vol. no. 2011, 10 (30 May 2011)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Interview ; Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Other identifiers:	hdl:10419/155445 [Handle]
Classification:	B22 - Macroeconomics ; B31 - Individuals ; b26 ; E17 - Forecasting and Simulation
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011603748