Top Tweets for #rationalexpectations
@Fullcarry Ipso facto, more effective monetary policy.
Market forced to adjust early = less need for Fed to raise rates
#rationalExpectations in econ theory #Lucas #Sargent
W ekonomii od razu znaliśmy optymalny wiek Noblisty. Wiadomo #rationalexpectations
Age of Nobel Laureates by Category (1901–2025)
There is still a lot to find out: does this behavior help firms make better forecasts or does it enhance the spread of fads and rumors? We hope to answer these questions soon... #expectations #fullinformation #rationalexpectations
'तर्कसंगत अपेक्षाओं' की अवधारणा और संतुलन में इसकी भूमिका पहली बार 1973 में रॉबर्ट ई. लुकास द्वारा विकसित की गई थी और उन्हें 1995 में इसके लिए नोबेल पुरस्कार मिला था। इस का आधार यह है कि मानव व्यवहार सभी उपलब्ध जानकारी पर आधारित है।
40/50
#तर्कसंगतअपेक्षाओं
#RationalExpectations
Take away:
#RationalExpectations (RE) -> het. agent models with agg. risk "not operational".
~ attributes to people extreme ability to think through eq.
~ means that people forecast prices by forecasting distributions
~ thereby making solution hard/impossible
@paulkrugman What an unfair and biased description of Lucas' contributions to economics and social sciences!
But it is interesting to notice that envy plays a relevant role among Nobel Laureates as well.
#LucasCritique
#RationalExpectations
Robert E. Lucas Jr., Nobel laureate and pioneering economist, 1937-2023
https://t.co/ApJTzfVNGS
@masterofcoin97 #rationalexpectations
Where did the theory of #RationalExpectations in #economics come from? Learn more at Econlib: https://t.co/iskmf2onsY #TeachEcon
When you watch a match in a stadium, You & many others want the same team to win.
THIS DOES NOT MEAN THAT ALL OF YOU ARE FRIENDS
Just because we share ONE thing, doesn’t mean that all our values & outlook will be similar on every important issue.
#rationalexpectations
@GaboDT desarrollará el lugar de las expectativas racionales de Robert Lucas en los cambios metodológicos en la historia de la Economía
💬Mesa 3
📈 Modelos, causalidad y simulación
⏰16:00 - 18:00
Was #AbrahamLincoln a #RationalExpectations scholar?
Learn more in the Concise #Encyclopedia of #Economics:
https://t.co/XbON4N34m1
I’m now glad that back in 2019 I bought my tickets for some of the Hampden matches at the European Championships...🏴 🏴🏴🏴🏴
#rationalexpectations
#RationalExpectations and the #Paradox of #Policy-Relevant #NaturalExperiments, coauthored with Christopher Hennessy and to appear in the Journal of Monetary Economics, is available here https://t.co/7MW1U5blMg #economics #finance #methdology #empirical #data
Powell pushes back on suggestion that projection for 2% inflation (when the central bank has undershot for years) is merely aspirational: "I think the answer to the question of whether saying it is enough to create credibility the answer is no."
#rationalexpectations
#MostRead No. 11 "A revolution in finance? " By Jennifer K Gippel (@ANU_CBE) https://t.co/1kcwZspWGW #AdaptiveMarketHypothesis #BehaviouralFinance #epistemology #EvolutionaryFinance #Kuhn #Neurofinance #RationalExpectations #Finance #CrossDisciplinary
"The first and most optimistic response was complete rational expectations econometrics. A rational expectations equilibrium is a likelihood function. Maximize it." - Thomas J. Sargent
#ThomasJSargent #RationalExpectations #Econometrics #MaximumLikelihood
My favorite MAD gag was the date for each issue being several months ahead of the actual date. As a kid, I got the joke from my parents' magazines that had slightly advanced dates to make them seem less dated. Yet, everyone knew this, so what was the point? #RationalExpectations
Mar 2019 @nyuniversity Macro #TimeSeries #Econometrics linking #RationalExpectations and #BehavioralEcon by #RomanFrydman The #KnightianUncertaintyHypothesis: Unforeseeable Change and Muth's Consistency Constraint in Modeling Aggregate Outcomes https://t.co/5PbSQYBBpH
Why don't @CoeCollege students realize that A) there is no parking "problem", and B) the solution, if there were a problem, is to charge more for permits? Also your "my car got plowed in and I can't go to class/work" reports are cracking me up.
#RationalExpectations #Subtweet
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