Are consistent expectations better than rational expectations ?
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References listed on IDEAS
- Milton Friedman, 1957. "Introduction to "A Theory of the Consumption Function"," NBER Chapters, in: A Theory of the Consumption Function, pages 1-6, National Bureau of Economic Research, Inc.
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Are consistent expectations better than rational expectations?
by Christian Zimmermann in NEP-DGE blog on 2017-09-21 20:01:16
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Keywordscobweb model; consistent expectations; Adaptive learning;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-DGE-2017-09-03 (Dynamic General Equilibrium)
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