Understanding expectational coordination as a major intellectual challenge: the “eductive” guide line

Roger Guesnerie ()

Working Papers from HAL

Abstract: The paper puts emphasis on the so-called "eductive" approach for a critical assessment of the Rational Expectations hypothesis. Section 2 makes an intuitive unformal presentation, aimed at comparing the approach and the results of "eductive" learning and "real time" learning in two polar models, (a two period partial equilibrium model and a simple Real Business Cycle mode). A segment of theoretical literature, taking an eductive view of stability in the fields of finance, trade, general equilibrium, short term or long term macroeconomics….is reviewed in Section 3.

Date: 2020-09
New Economics Papers: this item is included in nep-mac
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02951022v1
References: Add references at CitEc
Citations:

Downloads: (external link)
https://shs.hal.science/halshs-02951022v1/document (application/pdf)

Related works:
Journal Article: Understanding expectational coordination as a major intellectual challenge: The “eductive” guide line (2021)
Working Paper: Understanding expectational coordination as a major intellectual challenge: The “eductive” guide line (2021)
Working Paper: Understanding expectational coordination as a major intellectual challenge: The “eductive” guide line (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-02951022

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().