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What would Keynes have thought of rational expectations?

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  • Leijonhufvud, Axel
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    Paper provided by University of Konstanz, Department of Economics in its series Discussion Papers, Series I with number 177.

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    Date of creation: 1983
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    Handle: RePEc:zbw:kondp1:177

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    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.:
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    1. Robert J. Gordon, 1981. "Output Fluctuations and Gradual Price Adjustment," NBER Working Papers 0621, National Bureau of Economic Research, Inc.
    2. Sargent, Thomas J. & Wallace, Neil, 1976. "Rational expectations and the theory of economic policy," Journal of Monetary Economics, Elsevier, Elsevier, vol. 2(2), pages 169-183, April.
    3. Barro, Robert J, 1980. "A Capital Market in an Equilibrium Business Cycle Model," Econometrica, Econometric Society, Econometric Society, vol. 48(6), pages 1393-1417, September.
    4. Axel Leijonhufvud, 1968. "Comment: Is There a Meaningful Trade-off between Inflation and Unemployment?," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 76, pages 738.
    5. Barro, Robert J., 1976. "Rational expectations and the role of monetary policy," Journal of Monetary Economics, Elsevier, Elsevier, vol. 2(1), pages 1-32, January.
    6. Klein, Benjamin, 1975. "Our New Monetary Standard: The Measurement and Effects of Price Uncertainty, 1880-1973," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 13(4), pages 461-84, December.
    7. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, Elsevier, vol. 4(2), pages 103-124, April.
    8. Michael R. Darby & James R. Lothian & Arthur E. Gandolfi & Anna J. Schwartz & Alan C. Stockman, 1983. "The International Transmission of Inflation," NBER Books, National Bureau of Economic Research, Inc, number darb83-1.
    9. 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(2), pages 429-480.
    10. Solow, Robert M, 1980. "On Theories of Unemployment," American Economic Review, American Economic Association, American Economic Association, vol. 70(1), pages 1-11, March.
    11. Lucas, Robert E, Jr, 1975. "An Equilibrium Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 83(6), pages 1113-44, December.
    12. Laidler, David, 1981. "Monetarism: An Interpretation and an Assessment," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 91(361), pages 1-28, March.
    13. Kydland, Finn E & Prescott, Edward C, 1982. "Time to Build and Aggregate Fluctuations," Econometrica, Econometric Society, Econometric Society, vol. 50(6), pages 1345-70, November.
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    Cited by:
    1. Michel de Vroey, 2005. "Have the Early Coordination Failures Models Achieved Keynes's Programme ?," Revue d'économie politique, Dalloz, Dalloz, vol. 0(4), pages 417-436.

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