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Vérification empirique de la rationalité des anticipations de la demande par les entreprises

Published online by Cambridge University Press:  17 August 2016

C. Gourieroux  and
I. Peaucelle
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Abstract

In this paper we perform empirical tests on the expectations of demand made by the firms. We use qualitative panel data from quarterly tendency surveys in industry. We verify the validity of rational expectation hypotheses on aggregated level, according to the economic and size characteristics of the firms and taking into account explicitly the qualitative aspect of individual responses. We study particularly the aggregation problem.

Dans cet article on procède à des tests empiriques des anticipations d’évolution de la demande faites par les entreprises. On utilise pour ces tests des données de l’« enquête trimestrielle sur la situation et les perspectives dans l’industrie». On vérifie la validité du schéma rationnel au niveau agrégé, en distinguant l’activité économique et la taille des entreprises et en tenant compte explicitement de l’aspect qualitatif des réponses individuelles. On étudie également les conséquences sur le test des procédures d’agrégation.

Type
Research Article
Information
Recherches Économiques de Louvain/ Louvain Economic Review , Volume 53 , Issue 3 , September 1987 , pp. 223 - 246
Copyright
Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 1987 

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Footnotes

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CEPREMAP.

References

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