Sumários
Lectures 11 and 12
21 Outubro 2019, 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
14 Outubro 2019, 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