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Language: en
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Pages: 440
Type: BOOK - Published: 2012-01-06 - Publisher: Princeton University Press
A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Infl
Language: en
Pages: 402
Pages: 402
Type: BOOK - Published: 2009-12-16 - Publisher: Routledge
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t
Language: en
Pages: 266
Pages: 266
Type: BOOK - Published: 2002-06-19 - Publisher: Palgrave Macmillan
Investment and all other economic actions depend on 'subjective' expectations. The problem is how to construct a theory of expectations that assumes people inte
Language: en
Pages: 260
Pages: 260
Type: BOOK - Published: 1997 - Publisher: MIT Press
This edition looks at how risky behaviour can lead to disaster in private markets, with colourful examples from Lloyd's of London and Sumitomo Metals. Krugman a
Language: en
Pages: 46
Pages: 46
Type: BOOK - Published: 2010 - Publisher: DIANE Publishing
What monetary policy framework, if adopted by the Federal Reserve, would have avoided the Great Inflation of the 1960s and 1970s? The authors use counterfactual
