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Monetary Policy and Rational Expectations by George Macesich 9780275923273

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Description

This book puts forward the view that rational expectations have a key role in formulating economic policy and in determining economic activity, prices, interest rates, and employment rates. Arguing that economic policy crucially depends upon expectations about future government policies, the author supports his thesis by drawing on monetary theory as well as on the actual experiences of several post-World War II countries.

Book Information
ISBN 9780275923273
Author George Macesich
Format Hardback
Page Count 164
Imprint Praeger Publishers Inc
Publisher ABC-CLIO

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