The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control: A Promising Combination?

by Marco P. Tucci

One of the major controversies in macroeconomics over the last 30 years has been that on the effectiveness of stabilization policies. However, this debate, between those who believe that this kind of policies is useless if not harmful and those who argue in favor of it, has been mainly theoretical so far.

The Rational Expectation Hypothesis, Time-Varying Parameters and Adaptive Control wants to represent a step toward the...

• Format: Hardcover
• Language: English
• ISBN: 0792374843
• ISBN13: 9780792374848
• Release Date: January 2005
• Publisher: Springer
• Length: 262 Pages
• Weight: 1.32 lbs.
• Dimensions: 0.8" x 6.5" x 9.8"