Counterfactuals, Forecasts, and Choice-Theoretic Modelling of Policy
收藏NBER1984-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1381
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资源简介：
This paper focuses on the problem of formulating an analysis of economic policy that is consistent with rational expectations. Cooley, LeRoy,and Raymon show that the Lucas and Sargent strategy for econometric policy evaluation is itself vulnerable to the logic of the Lucas critique. The present
提供机构：
美国国家经济研究局
创建时间：
1984-06-01
