Micro-level tests for rational expectations in South Africa
South African Journal of Business Management
Field | Value | |
Title | Micro-level tests for rational expectations in South Africa | |
Creator | Marais, D. J. Smit, E. V.D.M. Conradie, W. J. | |
Description | The article investigates entrepreneurial expectations formation along the lines of the rational expectations hypothesis. It utilizes micro-level business survey data from the Bureau for Economic Research and distinguishes between phases of the business cycle, consumer and capital goods industries and various degrees of sectoral economic concentration. Very little evidence of weak form rationality is present in the data which concurs with similar international evaluations. | |
Publisher | AOSIS | |
Date | 1997-03-31 | |
Identifier | 10.4102/sajbm.v28i1.785 | |
Source | South African Journal of Business Management; Vol 28, No 1 (1997); 15-26 2078-5976 2078-5585 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/785/716
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