Evaluating Exchange Rate Models Based on Rational Expectations versus Imperfect Knowledge Economics
نویسندگان
چکیده
منابع مشابه
Rational Expectations in Urban Economics∗
Canonical analysis of the classical general equilibrium model demonstrates the existence of an open and dense subset of standard economies that possess fully-revealing rational expectations equilibria. This paper shows that the analogous result is not true in urban economies under reasonable modifications for this field. An open subset of economies where none of the modified rational expectatio...
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ژورنال
عنوان ژورنال: International Journal of Financial Research
سال: 2015
ISSN: 1923-4031,1923-4023
DOI: 10.5430/ijfr.v6n4p187