Browsing Dokümanı Olanlar by Author "Birol, Ozlen Hic"
Now showing items 1-1 of 1
-
What it means to be A New Classical Economist
Birol, Ozlen HicThe New Classical School works with rational expectations and full flexibility of prices and wages in all markets. The concept of rational expectations hypothesis (REH) was first introduced by J.F. Muth (1961). Robert E.R. ...