Rationalizing Rational Expectations? Tests and Deviations
收藏NBER2018-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w25274
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资源简介：
In this paper, we build a new test of rational expectations based on the marginal distributions of realizations and subjective beliefs. This test is widely applicable, including in the common situation where realizations and beliefs are observed in two different datasets that cannot be matched. We
提供机构：
美国国家经济研究局
创建时间：
2018-11-01
