Rational Expectations and Inflation

• Author: Thomas J. Sargent
• ISBN 10: 0060457414
• ISBN 13: 9780060457419
• Edition: First Edition
• Format: Paperback (224 pages)
• List Price: $19.90
• More Details
  
  

  List Price: $19.90

  Tags: Business & Investing, Economics,

  Book Description:
  This collection of essays written by one of the founders and chief proponents of rational expectations theory is intended as a supplement for macroeconomics courses. Thomas Sargent applies rational expectations macroeconomics at an informal, non-econometric level to interpret a variety of historical and contemporary issues. Sargent uses inflation as a natural context for applying rational expectations theory. Government efforts to stop currency depreciation, alternative monetary systems and the conflict between monetary and fiscal policies are also explored.

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