A macroeconometric policy model of the South African economy based on weak rational expectations with an application to monetary policy

Dissertation (PhD) -- University of Stellenbosch, 2000. === ENGLISH ABSTRACT: The Lucas critique states that if expectations are not explicitly dealt with, conventional econometric models are inappropriate for policy analyses, as their coefficients are not policy invariant. The inclusion of ratio...

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Bibliographic Details
Main Author: Bauknecht, Klaus Dieter
Other Authors: Smit, B.W.
Format: Others
Language:en_ZA
Published: Stellenbosch : Stellenbosch University 2012
Subjects:
Online Access:http://hdl.handle.net/10019.1/51575