Book contents
- Frontmatter
- Contents
- List of contributors
- Preface
- 1 Introduction
- 2 The trouble with “rational expectations” and the problem of inflation stabilization
- 3 Expectations of others' expectations and the transitional nonneutrality of fully believed systematic monetary policy
- 4 The stability of rational expectations in macroeconomic models
- 5 Individual rationality, decentralization, and the rational expectations hypothesis
- 6 Convergence to rational expectations equilibrium
- 7 A distinction between the unconditional expectational equilibrium and the rational expectations equilibrium
- 8 On mistaken beliefs and resultant equilibria
- 9 Equilibrium theory with learning and disparate expectations: some issues and methods
- 10 Keynesianism, monetarism, and rational expectations: some reflections and conjectures
- Index
Index
Published online by Cambridge University Press: 05 June 2012
- Frontmatter
- Contents
- List of contributors
- Preface
- 1 Introduction
- 2 The trouble with “rational expectations” and the problem of inflation stabilization
- 3 Expectations of others' expectations and the transitional nonneutrality of fully believed systematic monetary policy
- 4 The stability of rational expectations in macroeconomic models
- 5 Individual rationality, decentralization, and the rational expectations hypothesis
- 6 Convergence to rational expectations equilibrium
- 7 A distinction between the unconditional expectational equilibrium and the rational expectations equilibrium
- 8 On mistaken beliefs and resultant equilibria
- 9 Equilibrium theory with learning and disparate expectations: some issues and methods
- 10 Keynesianism, monetarism, and rational expectations: some reflections and conjectures
- Index
Summary

- Type
- Chapter
- Information
- Individual Forecasting and Aggregate Outcomes'Rational Expectations' Examined, pp. 231 - 238Publisher: Cambridge University PressPrint publication year: 1984