Rational expectations and some of its applications in macroeconomic | ||
THE IRAQI MAGAZINE FOR ADMINISTRATIVE SCIENCES | ||
Article 1, Volume 8, Issue 32, June 2012, Pages 83-99 PDF (0 K) | ||
Author | ||
monathel abbas hussain | ||
Abstract | ||
Rational expectations consider the outcomes of advanced cash school (school of chicago) ,and studied of the macro economics or stystemic and are at the core expectations about the face of economic variables and economic polices such as monetary policy and interest rate and phillips curve and others, aimed to clarify the study of rational expectations and a statement important and unique features and formats (Kamaljp rariff ),and through the linked tools ,statistical and econometric models of behavior of the variables Altsadwi economic models and simultaneous equations linear fortuitum and fitness models and formulas Such as statistical probability density function so as to economic decision-making in,The future depending on building economic decisions to the past with the assumption that there is achange Large in economic variables or economic odels under study, the outlook Be rational (self), where the expectations of individuals or units inthefuture Large in economic variables or economic models under study, the outlook,Be rational (self), where the expectations applyto,And their behavior (Outlook objective) be the adoption of Tsiig appropriate economic, and the hypothesis of rational expectations be realizedequal expectations Subjective and objective. | ||
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