Are Policy Variables Exogenous?: The Econometric Implications of Learning while Maximizing - Lecture Notes in Economics and Mathematical Systems - Balazs Horvath - Books - Springer-Verlag Berlin and Heidelberg Gm - 9783540542872 - August 28, 1991
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Are Policy Variables Exogenous?: The Econometric Implications of Learning while Maximizing - Lecture Notes in Economics and Mathematical Systems Softcover reprint of the original 1st ed. 1991 edition

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This literature shows that learning is a possible mechanism to acquire the necessary level of information that agents are assumed to possess in a rational expectations equilibrium and hence there is a clear link between rational expectations theory and the 2 theory of learning.


174 pages, 4 black & white tables, biography

Media Books     Paperback Book   (Book with soft cover and glued back)
Released August 28, 1991
ISBN13 9783540542872
Publishers Springer-Verlag Berlin and Heidelberg Gm
Pages 162
Dimensions 170 × 242 × 9 mm   ·   258 g
Language German