全球智库信息集成服务系统(G2TT): The Structure of Expectations of the Weekly Money Supply Announcement

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w1090
来源ID	Working Paper 1090
	The Structure of Expectations of the Weekly Money Supply Announcement
	Thomas Urich; Paul Wachtel
发表日期	1983-03-01
出版年	1983
语种	英语
摘要	This paper examines the structure of expectations of the weekly money supply announcement in the late 1970s. The data used are from a weekly telephone survey of money market participants. The rationality and structure of expectations are explored with the data organized in three ways:the mean response to each weekly survey, the pooled sample of individual responses, and time series of responses by each individual in the survey.The effect of data aggregation on rationality tests is investigated. The structure of the expectations data are also examined and it is found that both strong regressive influences and adaptive learning characterize the data.
主题	Macroeconomics
URL	https://www.nber.org/papers/w1090
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/558311
推荐引用方式 GB/T 7714	Thomas Urich,Paul Wachtel. The Structure of Expectations of the Weekly Money Supply Announcement. 1983.