Titlebook: Expectations; Theory and Applicati Arie Arnon,Warren Young,Karine van der Beek Book 2020 Springer Nature Switzerland AG 2020 Expectations.E

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https://doi.org/10.1007/978-3-322-90425-6 impossible. This perspective calls into question the presumed central role of expectations formation in structuring macroeconomic dynamics. The quantal response statistical equilibrium model can throw some light on the process by which markets penalize incorrect expectations of price change.

Culmination

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Unfulfilled Expectations: One Economist’s History impossible. This perspective calls into question the presumed central role of expectations formation in structuring macroeconomic dynamics. The quantal response statistical equilibrium model can throw some light on the process by which markets penalize incorrect expectations of price change.

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The War that Bond Markets Did not Perceive as Suchyed by Rothschild, the underwriter. When the bond was first issued, Rothschild signalled that should a war break out the bond would be repaid. Once the war became reality, Rothschild was instrumental in making sure Great Britain would take over the loan.

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Expectations and Its Variants: The Nuanced Role of Expectations in Classical Economicsequilibria. In this paper, we study whether this presumption about the proposed benefits of the consequences of one’s behaviour (mimicked, for the same reason, by the others) is indeed justified. We examine the implications which this should have for the way people behave and their expectations of t

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Growth Without Expectations: The Original Sin of Neoclassical Growth Modelsexpectations, an a priori unavoidable step in order to build robust investment functions. Those elements were indeed discussed at length, in the early 1960s, by economists such as Sen, Samuelson and Solow as shown in his correspondence with Hahn. Our paper sheds light on some hidden foundations of g

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Israel’s Struggle Toward Macroeconomic Stability: Role of Inflationary Expectationse highlight: (1) the role of macro-populism in generating hyperinflation; (2) the role of seigniorage revenue in generating the hyperinflation; (3) distributive effects of inflation stabilization, which are political driving forces behind the need for across-the-broad-coalition for a successful stab

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2662-6098 The papers cover topics such as “modern” applications of expectations in both “Tobinesque-Phillips” and “Harrodian-Solowian” contexts, and the debate between Friedmanite and Keynesian approaches to expe978-3-030-41359-0978-3-030-41357-6Series ISSN 2662-6098 Series E-ISSN 2662-6101