A Structural Analysis of Expectation Formation : Based on Business Surveys of French Manufacturing Industry /

Using panel data of individual firms drawn from French surveys, a structural analysis is developed to study the formation of production plans and the rationality of expectations. The production decision of a firm is defined as the optimal solution of a dynamic stochastic optimization problem. The em...

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Bibliographic Details
Main Author: Ivaldi, Marc
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 1991.
Series:Lecture notes in economics and mathematical systems ; 354.
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Call Number: HB1-846.8
 
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