A forward look at recessionary expectations : working paper series

Author / Creator

Nattress, Dayle, author

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Summary

In this paper, the Sargent-Wallace method of forward-looking integration is extended to include the publics anticipations of future values of the rate of monetary expansion, real income, and the re...

In this paper, the Sargent-Wallace method of forward-looking integration is extended to include the publics anticipations of future values of the rate of monetary expansion, real income, and the real rate of interest within the context of continuous-time methodology.

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