Examples of using Rational expectations in English and their translations into Spanish
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the study of international relations were saturated with rational expectations theories inherited from the field of economics.
Sargent is one of the leaders of the"rational expectations revolution," which argues that the people being modeled by economists can predict the future,
The underlying logic is that, assuming rational expectations and perfect information(e.g. in the stock market),
New Keynesians adopted rational expectations and built models with microfoundations of sticky prices that suggested recessions could still be explained by demand factors because rigidities stop prices from falling to a market-clearing level,
with equations representing economic representative agents responding to economic changes based on rational expectations of the future; implying their pattern of behaviour might be quite different if economic policy changed.
Lucas's seminal work on rational expectations in dynamic economic models.
i.e. there could exist rational expectations equilibria in which equilibrium prices depended on the realization of an extrinsic stochastic process.
Sargent went on to refine or extend rational expectations reasoning by further: studying the conditions under which systems with bounded rationality of agents
Rational expectation.
may not be a rational expectation.
That, sir, would be a rational expectation.
It is what is called a rational expectation model.
In economic theory, the rational expectation is that in an economy marked by low savings,
In traditional complete markets any policy would be undone through trading of rational expectation agents.
A good example to illustrate the difference between adaptive and rational expectations.
more so the―businessman‖ that manages what is called―rational expectations‖.
within it the experts in managing―rational expectations‖ do business in the―financial market‖.
The dominant paradigm in macroeconomic theory over the past 30 years has been that of rational agents who form rational expectations about the future and make optimal decisions.
ranchers had perfectly rational expectations.
have been pioneering… his Quarterly Econometric Model with Rational Expectations(with P. Aspe)