It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the Rational Expectations Revolution' by explicitly incorporating expectations of the future. In principle, one can perform the same technical exercises on a forward expectations model as on a conventional model -- and more Rational Expectations in Macroeconomic Models deals with the numerical methods necessary to carry out policy...
It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. ...
The International Symposium on Spatial Data Handling (SDH) commenced in 1984, in Zurich, Switzerland, organized by the International Geographical Union Commission on Geographical Data Sensing and Processing which was later succeed by the Commission on Geographic Information Systems, Study Group on Geographical Information Science and then the Commission on Geographical Information Science (http: //www. hku. hk/cupem/igugisc/). Previous symposia have been held at the following locations: 1st - Zurich, 1984 6th - Edinburgh, 1994 2nd - Seattle, 1986 7th - Delft, 1996 3rd - Sydney, 1988 8th -...
The International Symposium on Spatial Data Handling (SDH) commenced in 1984, in Zurich, Switzerland, organized by the International Geographical Unio...
It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. Over the last decade, mainstream macroeconomic models in the UK and elsewhere have taken on board the Rational Expectations Revolution' by explicitly incorporating expectations of the future. In principle, one can perform the same technical exercises on a forward expectations model as on a conventional model -- and more Rational Expectations in Macroeconomic Models deals with the numerical methods necessary to carry out policy...
It is commonly believed that macroeconomic models are not useful for policy analysis because they do not take proper account of agents' expectations. ...