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Expectations

Theory and Applications from Historical Perspectives

Produktform: E-Buch Text Elektronisches Buch in proprietärem

The book opens with a lecture by Thomas Guggenheim Prize winner Duncan Foley on the evolution of expectations in modern economic thought. The remaining content is divided into two parts, the first of which focuses on the utilization of expectations in the “ancient” and “meso” periods of high theory, i.e., from Smithian to Keynesian approaches. The papers cover topics such as “modern” applications of expectations in both “Tobinesque-Phillips” and “Harrodian-Solowian” contexts, and the debate between Friedmanite and Keynesian approaches to expectation formation. In turn, the last part presents essays on the role of economic expectations in connection with historical events and contexts, ranging from the early 20th century to World War II, and on the application of expectations theory to hyperinflation and stabilization, taking Israel as a case study. weiterlesen

Dieser Artikel gehört zu den folgenden Serien

Elektronisches Format: PDF

Sprache(n): Englisch

ISBN: 978-3-030-41357-6 / 978-3030413576 / 9783030413576

Verlag: Springer International Publishing

Erscheinungsdatum: 20.03.2020

Seiten: 238

Herausgegeben von Arie Arnon, Warren Young, Karine van der Beek

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