Discriminación entre las hipótesis de adaptación de expectativas y ajuste parcial

Authors

  • Elías Salama

Abstract

It has frequently been said that both the adaptive expectations and the partial adjustment hypothesis lead to the same final equation so no discrimination between them can be made on empirical ground. The purpose of this note is to demonstrate that this statement is true only in the most simple cases.

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Published

1971-12-30

Issue

Vol. 17 No. 2 (1971)

Section

Articles

License

The material published in the journal is distributed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) license. This license requires proper credit to be given, a link to the license to be provided, and changes to be indicated. It does not permit commercial use of the work, and if the work is remixed, transformed, or otherwise modified, distribution of such modification is not allowed.

How to Cite

Salama, . E. (1971). Discriminación entre las hipótesis de adaptación de expectativas y ajuste parcial. Económica, 17(2), p. 227-229. https://revistas.unlp.edu.ar/Economica/article/view/8926