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Macroeconomics --- Mathematical statistics --- Rational expectations (Economic theory) --- Macroéconomie --- Anticipations rationnelles (Théorie économique) --- Macroeconomics. --- 330.101 --- AA / International- internationaal --- 331.062 --- 305.971 --- 339 --- Economics --- Expectations, Rational (Economic theory) --- Economic forecasting --- Time and economic reactions --- Uncertainty --- Economische analyse. Economische methodologie. Economische onderzoeksmethoden--(theoretische economie) --- Anticyclisch beleid. Rational expectations. --- Speciale gevallen in econometrische modelbouw. --- 330.101 Economische analyse. Economische methodologie. Economische onderzoeksmethoden--(theoretische economie) --- Macroéconomie --- Anticipations rationnelles (Théorie économique) --- Speciale gevallen in econometrische modelbouw --- Anticyclisch beleid. Rational expectations

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Money. Monetary policy --- United States --- 336.748.12 <73> --- -US / United States of America - USA - Verenigde Staten - Etats Unis --- -332.410973 --- Algemeen prijsniveau. Prijsindex. Prijsstijging--Verenigde Staten van Amerika. VSA. USA --- 336.748.12 <73> Algemeen prijsniveau. Prijsindex. Prijsstijging--Verenigde Staten van Amerika. VSA. USA --- Inflation (Finance) --- 332.410973 --- 333.841 --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Inflatie --- Inflation (Finance) - United States. --- United States of America

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This collection of essays uses the lens of rational expectations theory to examine how governments anticipate and plan for inflation, and provides insight into the pioneering research for which Thomas Sargent was awarded the 2011 Nobel Prize in economics. Rational expectations theory is based on the simple premise that people will use all the information available to them in making economic decisions, yet applying the theory to macroeconomics and econometrics is technically demanding. Here, Sargent engages with practical problems in economics in a less formal, noneconometric way, demonstrating how rational expectations can satisfactorily interpret a range of historical and contemporary events. He focuses on periods of actual or threatened depreciation in the value of a nation's currency. Drawing on historical attempts to counter inflation, from the French Revolution and the aftermath of World War I to the economic policies of Margaret Thatcher and Ronald Reagan, Sargent finds that there is no purely monetary cure for inflation; rather, monetary and fiscal policies must be coordinated. This fully expanded edition of Rational Expectations and Inflation includes Sargent's 2011 Nobel lecture, "United States Then, Europe Now." It also features new articles on the macroeconomics of the French Revolution and government budget deficits.

Rational expectations (Economic theory) --- Inflation (Finance) --- Austria. --- Brazil. --- Britain. --- Cagan-Bresciani-Turroni effect. --- Czechoslovakia. --- European Union. --- France. --- French Revolution. --- Germany. --- Hong Kong dollar. --- Hong Kong. --- Hungary. --- Margaret Thatcher. --- Poincar miracle. --- Poland. --- Raymond Poincar. --- Reaganomics. --- Ronald Reagan. --- United States. --- agent. --- behavior. --- budget deficit. --- common stock. --- coordination. --- currency. --- depreciation. --- dynamic game. --- econometric model. --- econometrics. --- economic decision. --- economy. --- exchange rate. --- fiscal authority. --- fiscal policy. --- float policy. --- government budget constraint. --- government budget. --- government debt. --- government deficit. --- government expenditures. --- government finance. --- government policy. --- hyperinflation. --- inflation. --- intertemporal government budget. --- investment decision. --- macroeconomic theories. --- macroeconomics. --- momentum. --- monetarism. --- monetary authority. --- monetary policy. --- rational expectations theory. --- rational expectations. --- real estate. --- real interest rates. --- sustainable plan. --- tax smoothing. --- taxes. --- unpleasant arithmetic.

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Macroeconomics --- Recursive Functions --- Statics and dynamics (Social sciences) --- 330.1 --- 519.8 --- Recursive functions --- 681.3*F --- AA / International- internationaal --- 330.00 --- 305.96 --- 330.3 --- 305.971 --- 339.0151135 --- Dynamics and statics (Social sciences) --- Equilibrium (Social sciences) --- Economics --- Social evolution --- Social sciences --- Sociology --- Functions, Recursive --- Algorithms --- Arithmetic --- Logic, Symbolic and mathematical --- Number theory --- Recursion theory --- Decidability (Mathematical logic) --- Economische grondbegrippen. Algemene begrippen in de economie --- Operational research --- Theory of computation --- Economische en sociale theorieën: algemeenheden. --- Macro-economisch model van een of verschillende landen. --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics. --- Speciale gevallen in econometrische modelbouw. --- Foundations --- Macroeconomics. --- Recursive functions. --- Statics and dynamics (Social sciences). --- 681.3*F Theory of computation --- 519.8 Operational research --- 330.1 Economische grondbegrippen. Algemene begrippen in de economie --- Macro-economisch model van een of verschillende landen --- Speciale gevallen in econometrische modelbouw --- Economische en sociale theorieën: algemeenheden --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics

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The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts the model completely. But what should a decision maker do if the model cannot be trusted? Lars Hansen and Thomas Sargent, two leading macroeconomists, push the field forward as they set about answering this question. They adapt robust control techniques and apply them to economics. By using this theory to let decision makers acknowledge misspecification in economic modeling, the authors develop applications to a variety of problems in dynamic macroeconomics. Technical, rigorous, and self-contained, this book will be useful for macroeconomists who seek to improve the robustness of decision-making processes.

Robust optimization --- Robust control --- Robust control. --- Robust optimization. --- -330.0151 --- 305.6 --- AA / International- internationaal --- Economics --- -Macroeconomics --- Economic theory --- Political economy --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen. --- Mathematical models --- Decision making --- Econometric models --- Kalman filtering --- Macroeconomics --- 330.0151 --- Optimization, Robust --- RO (Robust optimization) --- Mathematical optimization --- Robustness (Control systems) --- Automatic control --- Filtering, Kalman --- Control theory --- Estimation theory --- Prediction theory --- Stochastic processes --- Econometrics --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen --- E-books --- Kalman filtering. --- Econometric models. --- Decision making. --- Economics, Mathematical --- Econometría |2 UTDT --- Economía |x Modelos matemáticos |2 UTDT --- Macroeconomics - Decision making