Towards A Reconstruction of Keynesian Economics: Expectations and Constrained Equilibria
收藏NBER1979-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0376
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资源简介:
A two-period model of temporary equilibrium with rationing is presented, paying particular attention to agents' expectations of future constraints. it is shown that with arbitrary constraint expectations many different types of current equilibria may be consistent with the same set of (current and
提供机构:
美国国家经济研究局
创建时间:
1979-08-01



