expectations may be relevant in practice. This paper evaluates the empirical performance of the LQAC-model using Norwegian data and … exporters act on expectations based models in the formation of prices. …

expectations may be relevant in practice. This paper evaluates the empirical performance of the LQAC-model using Norwegian data and … exporters act on expectations based models in the formation of prices. …

expectations, in particular. Some of the problems inherent in such an approach are illustrated in this paper by applying the …

expectations, in particular. Some of the problems inherent in such an approach are illustrated by applying the standard tools of …

expectations, in particular. Some of the problems inherent in such an approach are illustrated in this paper by applying the …

expectations, in particular. Some of the problems inherent in such an approach are illustrated by applying the standard tools of …

A striking implication of the replacement of adaptive expectations by Rational Expectations was the "Lucas Critique … simple adaptive expectations.We show that for a range of processes, monetary policy remains subject to the Lucas critique …