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dc.contributor.authorTomczyk, Emilia
dc.date.accessioned2025-05-23T13:54:41Z
dc.date.available2025-05-23T13:54:41Z
dc.date.issued2007-05-22
dc.identifier.citationTomczyk E., Testing rationality of price expectations on the basis of contingency tables, 2007, 1-07, s. 1-18en
dc.identifier.urihttp://hdl.handle.net/20.500.12182/1349
dc.description.abstractA method of analyzing rationality of expectations of economic agents, based on contingency tables, is applied to price expectations of Polish industrial enterprises. The source of data are surveys designed by the Economic Development Institute of the Warsaw School of Economics within the framework of business conditions surveys in industry. Empirical results clearly show that expectations of Polish entrepreneurs are not formed rationally. Rationality condition is confirmed in such a limited number of cases that it is not even feasible to differentiate between private and public enterprises as far as rationality of their expectations is concerned. Price expectations seem to be even more irrational than industrial production expectations analyzed earlier.en
dc.language.isoen
dc.rightsDozwolony użytek*
dc.subjectprice expectationsen
dc.subjectrationalityen
dc.subjectsurvey dataen
dc.subjectcontingency tablesen
dc.subject.classificationC42en
dc.subject.classificationC53en
dc.subject.classificationD84en
dc.titleTesting rationality of price expectations on the basis of contingency tablesen
dc.typeworkingPaperen
dc.description.number1-07en
dc.description.physical1-18en


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