Results 21 to 30 of about 596,831 (304)
Modern Paradigm in Macroeconomic Monetary Theories [PDF]
Ovidius University Annals: Economic Sciences Series, 2016 In this paper we tried to present an objective perspective over modern monetary theories andtheir impact on economic activity. In the end, our research stressed some specific actions thatinfluence the macroeconomic equilibrium.
Daniel Lipară
doaj
Micro-level tests for rational expectations in South Africa
South African Journal of Business Management, 1997 The article investigates entrepreneurial expectations formation along the lines of the rational expectations hypothesis. It utilizes micro-level business survey data from the Bureau for Economic Research and distinguishes between phases of the business ...
D. J. Marais +2 more
doaj +1 more source
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models
Entropy, 2022 The non-causal (“forward-looking”) solution used routinely in academic macroeconomics may represent a violation of a law of entropy, namely that the direction of time is one way (from the past and towards the present), and that the variance of economic ...
Ragnar Nymoen
doaj +1 more source
Investigating the Causing Relation Earning and Future Return to Existing Rational Intrinsic Bubble of Listed Companies in Tehran Stock Exchange [PDF]
مطالعات تجربی حسابداری مالی, 2016 Considering the important role of stock market in economic development, finding this fact that whether price increases is due to fundamental elements or not can help a country’s policy makers to direct the capital market to the right direction. Therefore,
Mohammad Hasan Gholizadeh +2 more
doaj +1 more source
Impact of Government Policies on the Inflation Rate in Iran: an Application of Learning Process in the Framework of Rational Expectations [PDF]
پژوهشهای اقتصادی, 2013 Today, policymakers and economists use widely rational expectations (RE) in monetary, financial and regulatory policies to improve their country economic performance.
Kazem Farahmand Gelyan +1 more
doaj
Trends of Macroeconomic Models
Управленческое консультирование, 2019 This article provides an overview and analysis of the ideas of the leading macroeconomists expressed in the issue “Rebuilding Macroeconomic Theory”, Oxford Review of Economic Policy journal. These ideas were expressed in connection with the discussion of
M. Yu. Andreyev, A. V. Polbin
doaj +1 more source
Some notes on problematic issues in DSGE models [PDF]
Ekonomski Anali, 2016 We review some of the problematic issues in DSGE models, which are currently much discussed in the economics profession. All of these issues are concerned with the DSGE models’ (in)ability to match aspects of macroeconomic variables’ observed ...
Slanicay Martin +2 more
doaj +1 more source
The effect of interest rate and exchange rate on inflation targeting with heterogeneous inflation expectations approach [PDF]
مدلسازی اقتصادسنجی, 2020 The purpose of this study was to investigate the role of policy tools such as interest rate and exchange rate on inflation targeting in the form of new Keynesian model in terms of heterogeneity of economic agents' expectations.
Asghar Aboulhassani +2 more
doaj +1 more source
Boundedly Rational Expected Utility Theory [PDF]
SSRN Electronic Journal, 2017 We build a satisficing model of choice under risk which embeds Expected Utility Theory (EUT) into a boundedly rational deliberation process. The decision maker accumulates evidence for and against alternative options by repeatedly sampling from her underlying set of EU preferences until the evidence favouring one option satisfies her desired level of ...
Navarro-Martinez, Daniel +4 more
openaire +5 more sources
The Rationality of ‚Rational Expectations‘
Credit and Capital Markets – Kredit und Kapital, 1983 Die Rationalität von "Rationalen Erwartungen" Während das Konstrukt "Gleichgewicht der Erwartungen" und die Begriffe "induzierte Änderung von Erwartungen" sowie "Annäherung von Erwartungen" nützlich für die Analyse von Regulierungsprozessen sind, hat sich die strenge Form von "rationalen Erwartungen" als unhaltbare Hypothese erwiesen.
openaire +2 more sources