Results 11 to 20 of about 600,220 (295)
Are inflation expectations rational? [PDF]
Journal of Monetary Economics, 2008 Abstract Several recent papers report evidence of an apparent statistical bias in inflation expectations and interpret these findings as overturning the rational expectations hypothesis. In this paper, we investigate the validity of such an interpretation.
David Andolfatto +2 more
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Rational speculative bubbles: A critical view [PDF]
Ekonomski Anali, 2007 According to the theory of rational bubbles, the bubble is present whenever asset prices progressively diverge from their fundamental value, which occurs because agents expect that asset prices will continue to grow exponentially (self-fulfilling ...
Radonjić Ognjen
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Looking Backward and Looking Forward
Econometrics, 2019 Filtering has had a profound impact as a device of perceiving information and deriving agent expectations in dynamic economic models. For an abstract economic system, this paper shows that the foundation of applying the filtering method corresponds to ...
Zhengyuan Gao, Christian M. Hafner
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The Factors Influencing the Formation of Economic Expectations in Ukraine
Наукові записки НаУКМА: Економічні науки, 2017 The article provides a theoretical analysis of the factors influencing the formation of economic expectations in Ukraine with an introduction of the main sectors that concentrate the informational signals necessary in the process of rational expectations
Pavlo Leshchenko
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Do carrier expectations indicate industry structure in container shipping? An econometric analysis
Journal of Shipping and Trade, 2020 In the competitive environment of liner shipping, the ability to nimbly adjust shipping capacity to demand could mean the difference between a thriving shipping operation and one that will most likely fail.
Michael Fusillo, Hercules Haralambides
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International Experience and Implementation of the Monetary Regime of Inflation Targeting in Ukraine [PDF]
Problemi Ekonomiki, 2023 The aim of the article is to study the international experience, the experience of implementing the monetary regime of inflation targeting in Ukraine and formulate conclusions based on the results of the analysis of such implementation.
Shkolnyk Inna O., Ohorilko Yurii M.
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Are rational expectations really rational? [PDF]
Economics Letters, 1992 Abstract This article investigates whether ‘rational expectations’ are really rational, i.e. whether they maximize agents' utilities in some way. For that purpose we construct a model where each agent may have a whole array of expectations schemes, including the rational expectations one.
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Rational expectations and the Cournot-Theocharis problem
Discrete Dynamics in Nature and Society, 2006 In dynamic models in economics, often “rational expectations” are assumed. These are meant to show that the agents can correctly foresee the result of their own and the other agents' actions. In this paper, it is shown that this cannot happen in a simple
Tönu Puu
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Faces of the phenomenon of expectations [PDF]
Соціологія, 2023 The article examines the vision of the phenomenon of expectations in the works of sociologists. For this purpose, an analysis of the works of M. Weber, T. Parsons, A. Schutz, V. Vroom, H. Heckhausen, N. Luhmann, P. Berger, Th. Luckmann, Y.
Mykola Shulga
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The Rationality of Expectations Formation [PDF]
The B.E. Journal of Theoretical Economics, 2016 AbstractRational expectations are not required to follow from beliefs that explain well history, but just to correctly foresee the future. As a consequence, at a rational expectations equilibrium, the agents’ expectations may follow from beliefs that explain poorly the observed history, even among those rationalizing their choices.
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