Description: The papers and discussions contained in this volume were presented at a conference on rational expectation s and economic policy sponsored by the national Bureau of Economic Research and held at Bald Peak Colony club, New Hampshire, in October 1978. Developments in the theory of economic policy associated with rational expectations have aroused considerable professional and public interest in the last few years, and it seemed desirable to bring together a groups of economist and policy makers to summarize and discuss these developments and, m and policy makers to summarize and discuss these developments and, and it possible, to focus on outstanding unresolved issues.

Please Wait