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Monetary Policy and Rational Expectations
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ISBN: 0274634651
Author: Macesich, George
Condition: New
This book puts forward the view that rational expectations have a key role in formulating economic policy and in determining economic activity, prices, interest rates, and employment rates. Arguing that economic policy crucially depends upon expectations about future government policies, the author supports his thesis by drawing on monetary theory as well as on the actual experiences of several post-World War II countries.
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Monetary Policy and Rational Expectations

