We can also investigate time series properties of expectational errors, which should be white noise under rationality. |
Overall, it became increasingly evident through the last decade that the inflation target deals with expectational problems. |
Deviations will occur, and may persist for some time, owing to the intrinsic and expectational dynamics of the system. |
They further suggest that expectational errors in pricing money market assets have likely been reduced. |
By the time the food itself came 50 minutes after our arrival, we were almost on the point of expectational collapse. |
Another traditional set of problems with the expectational approach is their difficulty in handling cases where the expectations that normally attend a promise are lacking. |