Learning and Expectations in Macroeconomics

by Seppo Honkapohja and George W. Evans

A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. Here George Evans and Seppo Honkapohja bring new explanatory power to a variety of expectation formation models by focusing on the learning...

• Format: Hardcover
• Language: English
• ISBN: 0691049211
• ISBN13: 9780691049212
• Release Date: February 2001
• Publisher: Princeton University Press
• Length: 424 Pages
• Weight: 1.70 lbs.
• Dimensions: 1.3" x 6.5" x 9.5"