Beach, E. Douglas; Fernandez-Cornej, Jorge; Uri, Noel D. - In: Journal of Economic Studies 22 (1995) October, pp. 46-59
Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the issues that have limited previous tests of this hypothesis in...