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Rational expectations, econometric exogeneity and consumption Author info | Abstract | Publisher info | Download info | Related research | Statistics Thomas J. Sargent
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Paper provided by Federal Reserve Bank of Minneapolis in its series Staff Report with number
25.
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Date of creation: 1977Date of revision:
Publication status: Published in Journal of Political Economy (Vol. 86, No. 4, August 1978, pp. 673-700)Handle: RePEc:fip:fedmsr:25Contact details of provider: Postal: 90 Hennepin Avenue, P.O. Box 291, Minneapolis, MN 55480-0291 Phone: (612) 204-5000 Web page: http://minneapolisfed.org/ More information through EDIRC
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For technical questions regarding this item, or to correct its listing, contact: (Diane Rosenberger).
Keywords: Consumption (Economics) ; Econometrics ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Bailey, Martin J, 1972.
"The Optimal Full-Employment Surplus ,"
Journal of Political Economy ,
University of Chicago Press, vol. 80(4), pages 649-61, July-Aug..
[Downloadable!] (restricted)
Hall, Robert E, 1978.
"Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence ,"
Journal of Political Economy ,
University of Chicago Press, vol. 86(6), pages 971-87, December.
[Downloadable!] (restricted)
Thomas J. Sargent, 1973.
"Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment ,"
Brookings Papers on Economic Activity ,
Economic Studies Program, The Brookings Institution, vol. 4(1973-2), pages 429-480.
[Downloadable!]
Granger, C W J, 1969.
"Investigating Causal Relations by Econometric Models and Cross-Spectral Methods ,"
Econometrica ,
Econometric Society, vol. 37(3), pages 424-38, July.
[Downloadable!] (restricted)
Lucas, Robert Jr, 1976.
"Econometric policy evaluation: A critique ,"
Carnegie-Rochester Conference Series on Public Policy ,
Elsevier, vol. 1(1), pages 19-46, January.
[Downloadable!] (restricted)
James Tobin, 1955.
"A Dynamic Aggregative Model ,"
Journal of Political Economy ,
University of Chicago Press, vol. 63, pages 103.
[Downloadable!] (restricted)
Sims, Christopher A, 1972.
"Money, Income, and Causality ,"
American Economic Review ,
American Economic Association, vol. 62(4), pages 540-52, September.
[Downloadable!] (restricted)
Henderson, Dale W & Sargent, Thomas J, 1973.
"Monetary and Fiscal Policy in a Two-Sector Aggregative Model ,"
American Economic Review ,
American Economic Association, vol. 63(3), pages 345-65, June.
[Downloadable!] (restricted)
Other versions: Lucas, Robert E, Jr & Rapping, Leonard A, 1969.
"Real Wages, Employment, and Inflation ,"
Journal of Political Economy ,
University of Chicago Press, vol. 77(5), pages 721-54, Sept./Oct.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
R. Paap & H.K. van Dijk, 2002.
"Bayes estimates of Markov trends in possibly cointegrated series ,"
Econometric Institute Report
295, Erasmus University Rotterdam, Econometric Institute.
[Downloadable!]
Matthew T. Holt & Stanley R. Johnson, 1988.
"Bounded Price Variation, Rational Expectations, and Endogenous Switching in the U.S. Corn Market ,"
Center for Agricultural and Rural Development (CARD) Publications
88-wp28, Center for Agricultural and Rural Development (CARD) at Iowa State University.
[Downloadable!]
Nadiri, M. Ishaq & Schankerman, Mark, 1982.
"Investment in R&D, Costs of Adjustment and Expectations ,"
Working Papers
82-20, C.V. Starr Center for Applied Economics, New York University.
[Downloadable!]
Lars Peter Hansen & Thomas J. Sargent, 1981.
"Exact linear rational expectations models: specification and estimation ,"
Staff Report
71, Federal Reserve Bank of Minneapolis.
[Downloadable!]
Gregory C. Chow, 2003.
"Equity Premium and Consumption Sensitivity When the Consumer- Investor Allows for Unfavorable Circumstances ,"
Macroeconomics
0306012, EconWPA.
[Downloadable!]
Olivier J. Blanchard, 1983.
"The Production and Inventory Behavior of the American Automobile Industry ,"
NBER Working Papers
0891, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Orazio Attanasio & Margherita Borella, 2006.
"Stochastic Components of Individual Consumption: A Time Series Analysis of Grouped Data ,"
NBER Working Papers
12456, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Alan S. Blinder, 1981.
"Temporary Income Taxes and Consumer Spending ,"
NBER Working Papers
0283, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Cheng K. Wu, 1997.
"New Result in Theory of Consumption: Changes in Savings and Income Growth ,"
Macroeconomics
9706007, EconWPA.
[Downloadable!]
Ben S. Bernanke, 1982.
"Adjustment Costs, Durables, and Aggregate Consumption ,"
NBER Working Papers
1038, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Robert E. Hall, 1987.
"Consumption ,"
NBER Working Papers
2265, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
John Y. Campbell, 1988.
"Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis ,"
NBER Working Papers
1805, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Fumio Hayashi, 1982.
"The Effect of Liquidity Constraints on Consumption: Cross-Sectional Analysis ,"
Discussion Papers
516, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
[Downloadable!]
Other versions:
Fumio Hayashi, 1982.
"The Effect of Liquidity Constraints on Consumption: A Cross-Sectional Analysis ,"
NBER Working Papers
0882, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Hayashi, Fumio, 1985.
"The Effect of Liquidity Constraints on Consumption: A Cross-sectional Analysis ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 100(1), pages 183-206, February.
[Downloadable!] (restricted) Laurence J. Kotlikoff & Ariel Pakes, 1989.
"Looking for the News in the Noise - Additional Stochastic Implications of Optimal Consumption Choice ,"
NBER Working Papers
1492, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Jeremy J. Nalewaik, 2004.
"Current Consumption and Future Income Growth: Synthetic Panel Evidence ,"
BEA Working Papers
0015, Bureau of Economic Analysis.
[Downloadable!]
Jeffrey A. Miron, 1987.
"Seasonal Fluctuations and the Life Cycle-Permanent Income Model of Consumption ,"
NBER Working Papers
1845, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Jeffrey A. Miron & Stephen P. Zeldes, 1989.
"Seasonality, Cost Shocks, and the Production Smoothing Model of Inventories ,"
NBER Working Papers
2360, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Jeffrey A. Miron & Stephen P. Zeldes, .
"Seasonality, Cost Shocks and the Production Smoothing Model of Inventories ,"
Rodney L. White Center for Financial Research Working Papers
01-87, Wharton School Rodney L. White Center for Financial Research.
Jeffrey A. Miron & Stephen P. Zeldes, .
"Seasonality, Cost Shocks and the Production Smoothing Model of Inventories ,"
Rodney L. White Center for Financial Research Working Papers
1-87, Wharton School Rodney L. White Center for Financial Research.
Miron, Jeffrey A & Zeldes, Stephen P, 1988.
"Seasonality, Cost Shocks, and the Production Smoothing Models of Inventories ,"
Econometrica ,
Econometric Society, vol. 56(4), pages 877-908, July.
[Downloadable!] (restricted) Ben S. Bernanke, 1981.
"Permanent Income, Liquidity, and Expenditure on Automobiles: Evidence from Panel Data ,"
NBER Working Papers
0756, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Lars Peter Hansen & Thomas J. Sargent, 1981.
"A note on Wiener-Kolmogorov prediction formulas for rational expectations models ,"
Staff Report
69, Federal Reserve Bank of Minneapolis.
[Downloadable!]
Other versions: Mark Schankerman & M. Ishaq Nadiri, 1982.
"Investment in R&D, Costs of Adjustment and Expectations ,"
NBER Working Papers
0931, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Silvia Magri, 2002.
"Italian households' debt: determinants of demand and supply ,"
Temi di discussione (Economic working papers)
454, Bank of Italy, Economic Research Department.
[Downloadable!]
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