Examples of using Rational expectations in English and their translations into Serbian
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Cyrillic
Rational expectations school.
But Euclid's axioms closely resembled reality while the theory of rational expectations and the efficient market hypothesis became far removed from it.
Why rational expectations models can be wrong?
The prize was awarded to Lucas for having developed andapplied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.
The aforementioned microeconomic concepts play a major part in macroeconomic models- for instance, in monetary theory, the quantity theory of money predicts that increases in the money supply increase inflation, andinflation is assumed to be influenced by rational expectations.
Development and application of the hypothesis of rational expectations, which have transformed macroeconomic analysis and deepened understanding of economic policy.
In their great 1982 paper"Bubbles, Rational Expectations, and Financial Markets," the economists Olivier Blanchard and Mark Watson explain why gold is susceptible to bubbles.
Lucas was awarded the Nobel Prize in Economic Sciences in 1995“for having developed andapplied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.”.
Unlike the pure Keynesian economics, rational expectations(expectations that partly depend on the model projections) play an important role in these models, which means that economic agents partially anticipate the actions of monetary policy so that the surprise effect is reduced.
In 1995 he was awarded the Nobel Memorial Prize in Economics‘for having developed andapplied the hypothesis of rational expectations, and thereby transformed macroeconomic analysis and deepened our understanding of economic policy'Nobel Foundation.
The above deviations from classical rational expectations in agents' decisions under uncertainty produce well known paradoxes in behavioral economics, that is, the Allais, Ellsberg and Machina paradoxes.
There were fundamental principles,like the efficient market hypothesis, rational expectations, and anyone who didn't accept this was dismissed as a kind of a, some strange kind of moron.
For having developed andapplied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.".
The prize was awarded to Lucas for having developed andapplied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.
I am not well qualified to criticize the theory of rational expectations and the efficient market hypothesis because as a market participant I considered them so unrealistic that I never bothered to study them.
Rational expectation.".
That, sir, would be a rational expectation.
This includes economic thought& ideas in the first slave-owning states and countries, antiquity, the middle ages, mercantilism, physiocratic schools of thought, classical political economy, marxist reactions, marginalism,Keynesian revolutions and contemporary economic thought in view of monetarism, rational expectation and value.