Sumários
Lectures 11 and 12
22 Outubro 2018, 18:00 • Luís Costa
Previous lecture continued.
3. Real Business Cycles
3.1. Trend and business cycles: short-run stylised facts
Lectures 09 and 10
15 Outubro 2018, 18:00 • Luís Costa
2. The New Classical School
2.1. The rational expectations hypothesis
2.2. Imperfect information and the Lucas supply function
2.3. Economic policy effectiveness and the Lucas critique
2.4. Time inconsistency