理性预期假设

理性预期假设是所有的预期假设中最合理的。

Rational expectation is the reasonable hypothesis of all .

研究视角方面，本文摈弃了传统汇率理论的有效市场假设与理性预期假设，把行为金融理论纳入了汇率动态模型研究之中。

From research perspective , the traditional theory of efficient market hypothesis and rational expectations hypothesis are abandoned in this paper and behavioral finance theory is put into the dynamic model of the exchange rate study .

理性预期假设在经济金融研究中占据着十分重要的地位，但它是否真的与人们的决策行为相一致，仍然是并不十分清楚的问题。

The Rational Expectations hypothesis , initially developed by Muth , has played a critical role in economic and financial studies . But it is still unclear whether this hypothesis is consistent with people 's decision making .

在浮动汇率制度下，无论名义汇率还是实际汇率都处于频繁波动之中，而以理性预期为假设前提的传统汇率理论难以分析和预测大多数汇率的短期波动，人们对外汇市场的有效性产生了怀疑。

In a flexible exchange rate system much of the movement in exchange rates can not be accounted for , and theories of exchange rate determination which are based on rational expectations still seek to explain those movement features .

结果发现，在人们可以利用一切信息对将来房价进行理性预期的假设下，房屋价格上升体现的是其基础价值的上涨，即我国不存在泡沫。

It was found that , on the assumption of rational expectations that people can use the information to anticipate house prices in future , housing prices rose with the fundamental value . In other words , there was not rational bubble in our real estate market .

指出逆向选择理论中逆向选择模型中的预期假设不符合理性预期的现实，引进理性预期假设来解释市场得到发展并分化成几个不同层次等级的产品市场的原因。

Through the analysis , the paper points out that the expected assumption in the model of reverse choice does not tally with the rationally expected reality .

新古典宏观经济学派又被大家成为理性预期学派，因为该学派主要依靠理性预期等假设分析宏观经济问题，认为政府不应该干预经济，市场经济自己会恢复平稳运行。

New classical macroeconomic school was everybody become the rational anticipated school , because the school relies mainly on the rational anticipated etc hypothesis analysis of macroeconomic problems , think the government should not intervene in the economy , market economy will recover smoothly .

而与之相对应的非理性泡沫，则是放松了市场有效性和理性预期的假设，从非理性的角度来分析泡沫。

And with the corresponding " irrational bubble ", it is to relax assumptions of efficient market and the rational anticipation . Its analysis is from the point of view of irrational .