Attfield, C.L.F. creator Demery, D. Duck, N.W. text xxu Cambridge Blackwell 2nd ed. monographic eng

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x,243 p.: ill. 23cm. Contents: Expectations in the macroeconomics -- The Theory of rational expectations -- Testing the rational expectations hypothesis -- Rational expectations and a flexible-price macroeconomic model -- Criticisms of the flexible-price rational expectations model -- Rational expectations and macroeconomics: Two influential empirical studies -- Criticism and reappraisal of the Lucas and Barro models -- Real business cycle theory -- Rational expectations and the permanent-income hypothesis -- Summary and conclusions. C.L.F. Attfield, D. Demery and N.W. Duck Includes bibliographical references and index. Macroeconomic HB172.5.A79 063117947x 111209