Testing near-rationality using detailed survey data /

This paper considers the evidence of "near-rationality," as described by Akerlof, Dickens, and Perry (2000). Using detailed surveys of household inflation expectations for the United States and Sweden, we find that the data are generally unsupportive of the near-rationality hypothesis. How...

Πλήρης περιγραφή

Κύριος συγγραφέας: Bryan, Michael R.
Corporate συγγραφέας: European Commission : Directorate-General for Economic and Financial Affairs.
Άλλοι συγγραφείς: Palmqvist, Stefan.
Μορφή: Βιβλίο
Γλώσσα: Greek
English
Στοιχεία έκδοσης: Brussels ; Belgium : European Commission: Directorate-General for Economic and Financial Affairs, 2005.
Σειρά: European Economy. Economic papers ; 228.
Διαθέσιμο Online: http://ec.europa.eu/economy_finance/publications/publication_summary654_en.htm
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