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- Title
Book Reviews.
- Abstract
William Branch of University of California, Irvine reviews "The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology" by Tobias F. Rötheli. The Econlit abstract of this book begins: "Considers the recent resurgence of interest in extrapolation as a descriptive theory of expectations, outlining a theory of pattern-based extrapolations rooted in cognitive psychology and empirical observation."
- Subjects
UNIVERSITY of California, Irvine; OBSERVATION (Psychology); EXPECTANCY theories; BEHAVIORAL economics; EXTRAPOLATION; EXPECTATION (Psychology); MACROECONOMICS
- Publication
Journal of Economic Literature, 2021, Vol 59, Issue 3, p1034
- ISSN
0022-0515
- Publication type
Book Review
- DOI
10.1257/jel.59.3.1030.r3