History Vs. Expectations
收藏NBER1989-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2971
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资源简介：
In models with external economies, there are often two or more long run equilibria. Which equilibrium is chosen? Much of the literature presumes that "history" sets initial conditions which determine the outcome, but an alternative view stresses the role of "expectations", i.e. of self-fulfilling
提供机构：
美国国家经济研究局
创建时间：
1989-05-01
