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<図書>
Endogenous economic fluctuations : studies in the theory of rational beliefs

責任表示 Mordecai Kurz (ed.)
シリーズ Studies in economic theory ; 6
データ種別 図書
出版情報 Berlin ; New York : Springer-Verlag , 1997
本文言語 英語
大きさ xiv, 356 p. ; 24 cm
概要 The book presents a new theory of expectations called "rational beliefs." Contrary to the standard theory which views the origin of uncertainty as being exogenous to the economic system, the theory o... rational beliefs holds that a crucial component of social risk and economic fluctuations is endogenously propagated by variations in the state of beliefs of market participants. One part of the book provides an exposition of the foundation of the theory of rational beliefs. A second part explores the structure of general equilibrium models in which market participants hold rational beliefs. The "Applications" part of the book studies the behavior of asset prices and rates of return on financial assets. It demonstrates that endogenous uncertainty provides a uniform paradigm for the study of economic fluctuations. 続きを見る

所蔵情報



中央図 3B 331.19/Ku 79/19982109 1997
017211998021091

書誌詳細

一般注記 Includes bibliographical references and index
著者標目 Kurz, Mordecai
件 名 LCSH:Business cycles
LCSH:Rational expectations (Economic theory)
LCSH:Equilibrium (Economics)
LCSH:Uncertainty
分 類 LCC:HB3711
DC21:338.5/42
書誌ID 1000324459
ISBN 3540626123
NCID BA32260887
巻冊次 ISBN:3540626123
登録日 2009.09.11
更新日 2009.09.11