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Mishkin Han27New by Subhajyoti Das is a document available to read on EtoBox.

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The document discusses rational expectations theory and new classical macroeconomic theory. It covers how rational expectations critique argues that policy evaluation should not rely on econometric models. It also discusses how anticipated and unanticipated monetary policy affects output in new classical and new Keynesian models.

Author

Subhajyoti Das

Language

EN