The Rational Expectations Hypothesis: An assessment on its real world application
The Rational Expectations Hypothesis was first developed as a theoretical technique aimed at explaining agents’ behavior in a given environment. In particular, it describes how the outcome of a given economic phenomenon depends to a certain degree on what agents expect to happen. Subsequently, it wa...
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| Format: | Article |
| Language: | English |
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Universidad EAFIT
2014-12-01
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| Series: | Ecos de Economía |
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| Online Access: | http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/2705 |