The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychol

Description: The Behavioral Economics of Inflation Expectations by Tobias F. Rötheli Estimated delivery 3-12 business days Format Paperback Condition Brand New Description This book offers a modern behavioral economics analysis of macroeconomic expectations, using cognitive psychology and a bottom-up approach to economic expectations. It gives students and researchers a quantitative model for analyzing inflation, interest rates and business cycle phenomena for any country or historical period. Publisher Description As one of the first texts to take a behavioral approach to macroeconomic expectations, this book introduces a new way of doing economics. Rötheli uses cognitive psychology in a bottom-up method of modeling macroeconomic expectations. His research is based on laboratory experiments and historical data, which he extends to real-world situations. Pattern extrapolation is shown to be the key to understanding expectations of inflation and income. The quantitative model of expectations is used to analyze the course of inflation and nominal interest rates in a range of countries and historical periods. The model of expected income is applied to the analysis of business cycle phenomena such as the great recession in the United States. Data and spreadsheets are provided for readers to do their own computations of macroeconomic expectations. This book offers new perspectives in many areas of macro and financial economics. Author Biography Tobias F. Rötheli is Professor of Macroeconomics at the University of Erfurt. Details ISBN 1108447066 ISBN-13 9781108447065 Title The Behavioral Economics of Inflation Expectations Author Tobias F. Rötheli Format Paperback Year 2020 Pages 243 Publisher Cambridge University Press GE_Item_ID:129364195; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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