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A Structural Analysis of Expectation Formation: Based on Business Surveys of French Manufacturing Industry (Lecture Notes in Economics and Mathematical Systems, 354) - Softcover
Synopsis
Using panel data of individual firms drawn from French surveys, a structural analysis is developed to study the formation of production plans and the rationality of expectations. The production decision of a firm is defined as the optimal solution of a dynamic stochastic optimization problem. The empirical work amounts to recovering the structural parameters characterizing the model of the firm from estimates of the derived decision rule. The preceding analysis of production plans is based on the assumption that firms are rational. To justify this assumption, direct tests offer evidence that the Rational Expectations Hypothesis may not be rejected for quantity variables.
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A structural analysis of expectation formation. based on business surveys of French manufacturing industry.
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Softcover. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces of use. Jd 993 3540536655 Sprache: Englisch Gewicht in Gramm: 550. Seller Inventory # 2211258
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Structural Analysis of Expectation Formation : Based on Business Surveys of French Manufacturing Industry
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A Structural Analysis of Expectation Formation (Paperback)
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Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, Berlin, 1991
ISBN 10: 3540536655
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Paperback. Condition: new. Paperback. Using panel data of individual firms drawn from French surveys, a structural analysis is developed in this book to study the formation of production plans and the rationality of expectations. The production decision of a firm is defined as the optimal solution of a dynamic stochastic optimization problem. The empirical work amounts to recovering the structural parameters characterizing the model of the firm from estimates of the derived decision rule. The preceding analysis of production plans is based on the assumption that firms are rational. To justify this assumption, direct tests offer evidence that the rational expectations hypothesis may not be rejected for quantity variables. This monograph on economics and econometrics is intended for researchers. This book proposes a structural analysis to study the formation of production plans and the rationality of expectations. A procedure is developed to estimate the economic model on survey data using the theory of polychoric correlation coefficient and distribution-free estimator. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9783540536659
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A Structural Analysis of Expectation Formation: Based on Business Surveys of French Manufacturing Industry (Lecture Notes in Economics and Mathematical Systems, 354)
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A Structural Analysis of Expectation Formation: Based on Business Surveys of French Manufacturing Industry (Lecture Notes in Economics and Mathematical Systems, 354)
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A Structural Analysis of Expectation Formation. Based on Business Surveys of French Manufacturing Industry.
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Berlin, Springer Berlin / Heidelberg, 1991
ISBN 10: 3540536655
ISBN 13: 9783540536659
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Softcover. 245 S. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces of use. 3540536655 Sprache: Englisch Gewicht in Gramm: 900. Seller Inventory # 2347830
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Structural Analysis of Expectation Formation : Based on Business Surveys of French Manufacturing Industry
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A Structural Analysis of Expectation Formation: Based on Business Surveys of French Manufacturing Industry (Lecture Notes in Economics and Mathematical Systems, 354)
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A Structural Analysis Of Expectation Formation
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A structural analysis of expectation formation : based on business surveys of French manufacturing industry. Marc Ivaldi / Lecture notes in economics and mathematical systems ; Vol. 354
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Berlin ; Heidelberg ; New York ; London ; Paris ; Tokyo ; Hong Kong ; Barcelona : Springer, 1991
ISBN 10: 3540536655
ISBN 13: 9783540536659
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(Berlin. Condition: Gut. XII, 230 S. : graph. Darst. ; 24 cm Das Buch befindet sich in einem dem Alter endsprechendem guten , gelesenen Zustand.Die Seiten und der Einband sind intakt.BuchrueckenEckenKanten koennen leichte Gebrauchsspuren aufweisen. Sprache: Deutsch Gewicht in Gramm: 470 Softcover reprint of the original 1st ed. 1991. Seller Inventory # 406110
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