Costly Adjustment under Rational Expectations: A Generalization

• 1 May 1991
• journal article
• Published by JSTOR in The Review of Economics and Statistics
• Vol. 73  (2) , 353
• https://doi.org/10.2307/2109528

Abstract

Keywords

• GENERALIZATION
• COSTLY ADJUSTMENT UNDER RATIONAL
• ADJUSTMENT UNDER RATIONAL EXPECTATIONS