Hagemann, Harald - In: Expectations : theory and applications from historical …, (pp. 131-144). 2020
expectations. Whereas Sect. 2 gives a rational reconstruction from static via extrapolative and adaptive to rational expectations … progress in the sophistication of expectations. In the concluding section, some relevant issues of the current debates are … addressed as the anchoring of inflation expectations as a precondition for keeping inflation targets and the question whose …