The "rational expectations hypothesis": theory and reality (a guided tour to the literature published until 1992)

Abstract

The main purpose of this work is to provide a panoramic and almost exhaustive view on the "rational expectations hypothesis" literature published until 1992. Several issues less well known are emphasized. Many results and comments are integrated and presented in a somewhat innovative fashion."hipótese das expecativas racionais"; críticas; aprendizagem; testes indirectos; testes directos; resultados empíricos; inflação