Social Issues of Today - An Economic Perspective, "Your Guess is as Good as Mine: Macroeconomic Beliefs and Policy" by Professor Ethan Struby
Social Issues of Today - An Economic Perspective, "Your Guess is as Good as Mine: Macroeconomic Beliefs and Policy" by Professor Ethan Struby

Professor Struby discusses macroeconomic models used to understand the effects of policy make extremely strong assumptions about both what information people have and how they form those beliefs about the future.  Are those assumptions consistent with reality? He argues the answer is no, discussing various alternatives to the full information rational expectations paradigm and how these alternatives can inform policy.



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  • Title Social Issues of Today - An Economic Perspective, "Your Guess is as Good as Mine: Macroeconomic Beliefs and Policy" by Professor Ethan Struby
  • Upload Date March 14, 2023 7:13pm
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  • Description Professor Struby discusses macroeconomic models used to understand the effects of policy make extremely strong assumptions about both what information people have and how they form those beliefs about the future.  Are those assumptions consistent with reality? He argues the answer is no, discussing various alternatives to the full information rational expectations paradigm and how these alternatives can inform policy.
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  • Keywords economics, talk, social, issues, struby, ethan, macro, macroeconomic
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