Rational expectations and why they matter

Kakkar, Shrey (2021): Rational expectations and why they matter.

Abstract

This article discusses existing behavioral economics theory, focused on Rational Expectations. Macroeconomic and market consequences are considered, especially monetary policy on inflation.

• Item Type: MPRA Paper
• Language: English
• Keywords: Rational Expectations, Expectations, Behavioral Economics
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B25 - Historical ; Institutional ; Evolutionary ; Austrian; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C60 - General

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