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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Format: | Others |
Language: | en_ZA |
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Stellenbosch : Stellenbosch University
2012
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Online Access: | http://hdl.handle.net/10019.1/51575 |