The behavioral economics of inflation expectations: macroeconomics meets psychology (Record no. 2980)
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| 000 -LEADER | |
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| fixed length control field | 02725nam a22002297a 4500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20220720103500.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 220720b ||||| |||| 00| 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781108447065 |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 332.41019 |
| Item number | ROT |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Rotheli, Tobias F. |
| 245 ## - TITLE STATEMENT | |
| Title | The behavioral economics of inflation expectations: macroeconomics meets psychology |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Name of publisher, distributor, etc. | Cambridge University Press |
| Place of publication, distribution, etc. | New Jersey |
| Date of publication, distribution, etc. | 2020 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | xix, 226 p. |
| 365 ## - TRADE PRICE | |
| Price type code | GBP |
| Price amount | 27.99 |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE | |
| Bibliography, etc. note | Table of Contents<br/>1. Patterns and expectations<br/>2. Extrapolation and expectations<br/>3. Eliciting expectations under laboratory conditions<br/>4. Features of the laboratory data<br/>5. Similarity matching and scaling the experimental data<br/>6. Pattern extrapolation and expectations measured by consumer surveys<br/>7. Heterogeneity and uncertainty of inflation expectations<br/>8. Inflation dynamics<br/>9. Explaining the course of interest rates<br/>10. Generalizing the pattern-based approach<br/>11. A detour to income expectations<br/>12. The Fisher effect in historical times<br/>13. Expectations of high inflation<br/>14. The Fisher effect in Asian economies<br/>15. The Fisher effect in African economies<br/>16. Estimates of expected inflation for major economies<br/>17. Estimates of expected real interest rates for major economies<br/>Epilogue. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | As one of the first texts to take a behavioral approach to macroeconomic expectations, this book introduces a new way of doing economics. Rötheli uses cognitive psychology in a bottom-up method of modeling macroeconomic expectations. His research is based on laboratory experiments and historical data, which he extends to real-world situations. Pattern extrapolation is shown to be the key to understanding expectations of inflation and income. The quantitative model of expectations is used to analyze the course of inflation and nominal interest rates in a range of countries and historical periods. The model of expected income is applied to the analysis of business cycle phenomena such as the great recession in the United States. Data and spreadsheets are provided for readers to do their own computations of macroeconomic expectations. This book offers new perspectives in many areas of macro and financial economics.<br/><br/>Proposes a novel behavioral economics approach to expectations<br/>Findings help clarify macroeconomic debates on various issues in a wide range of countries<br/>This data can be used to interpret events such as the great recession of the USA |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Rational expectations (Economic theory) |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Economics--Psychological aspects |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Extrapolation |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Rational expectations (Economic theory)--Mathematical models |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Book |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Collection code | Bill No | Bill Date | Home library | Current library | Shelving location | Date acquired | Source of acquisition | Cost, normal purchase price | Total Checkouts | Full call number | Accession Number | Date last seen | Date checked out | Copy number | Cost, replacement price | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Public Policy & General Management | TB842 | 30-06-2022 | Indian Institute of Management LRC | Indian Institute of Management LRC | General Stacks | 07/20/2022 | Technical Bureau India Pvt. Ltd. | 1891.87 | 1 | 332.41019 ROT | 002884 | 02/14/2023 | 12/17/2022 | 1 | 2877.37 | 07/20/2022 | Book |