MARC Record from Library of Congress

LEADER: 02316nam a2200313 a 4500
001 2007927611
003 DLC
005 20080709093449.0
008 070424s2007 njuad b 001 0 eng d
010 $a 2007927611
020 $a9780691121604 (alk. paper)
020 $a0691121605 (alk. paper)
035 $a(OCoLC)ocn173137158
040 $aZNL$cZNL$dZNL$dSUC$dBAKER$dIXA$dUUS$dNLGGC$dMUQ$dDLC
042 $alccopycat
050 00 $aHB172.5$b.F79 2007
084 $a83.19$2bcl
100 1 $aFrydman, Roman,$d1948-
245 10 $aImperfect knowledge economics :$bexchange rates and risk /$cRoman Frydman, Michael D. Goldberg ; foreword by Edmund S. Phelps.
250 $a1st ed.
260 $aPrinceton, NJ ;$aOxford :$bPrinceton University Press,$c2007.
300 $axxiii, 340 p. :$bill., charts ;$c24 cm.
504 $aIncludes bibliographical references (p. 313-330) and index.
505 0 $apt. I. From early modern economics to imperfect knowledge economics. Recognizing the limits of economists' knowledge ; A tradition interrupted ; Flawed foundations : the gross irrationality of 'rational expectations' and behavioral models ; Reconsidering modern economics ; Imperfect knowledge economics of supply and demand -- pt. II. 'Anomalies' in contemporary models of currency markets. The overreach of contemporary models of asset markets ; The 'puzzling' behavior of exchange rates : lost fundamentals and long swings ; 'Anomalous' returns of foreign exchange : is it really irrationality? -- pt. III. Imperfect knowledge economics of exchange rates and risk. Modelling preferences in asset markets : experimental evidence and imperfect knowledge ; Modeling individual forecasting strategies and their revisions ; Bulls and bears in equilibrium : uncertainty-adjusted uncovered interest parity ; IKE of the premium on foreign exchange : theory and evidence ; The forward discount 'anomaly' : the peril of fully prescpecifying market efficiency ; Imperfect knowledge and long swings in the exchange rate ; Exchange rates and macroeconomic fundamentals : abandoning the search for a fully predetermined relationship.
650 0 $aRational expectations (Economic theory)
650 0 $aEquilibrium (Economics)
650 0 $aMicroeconomics.
650 0 $aForeign exchange.
700 1 $aGoldberg, Michael D.,$d1958-