Rational Expectations and Survey Data
How economic agents form their expectations of future economic events has been an importance issue in macroeconomics for many years. Indeed, business firm's expectations has played a central role in the business cycle theories of both Pigou (1927) and Keynes (1936). Acknowledging that the be...
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| Format: | Thesis |
| Language: | English English |
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2002
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| Online Access: | http://psasir.upm.edu.my/id/eprint/8313/1/FEP_2002_10_IR.pdf |