NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Macroeconomic Analysis without the Rational Expectations Hypothesis

Michael Woodford

NBER Working Paper No. 19368
Issued in August 2013

---- Acknowledgements -----

Published in the Annual Review of Economics, volume 5, DOI: 10.1146/annurev-economics-080511-110857. I would like to thank Klaus Adam, Ben Hebert, Mordecai Kurz, David Laibson, and Bruce Preston for helpful discussions, Savitar Sundaresan for research assistance, and the Institute for New Economic Thinking and the Taussig Visiting Professorship, Harvard University, for supporting this research. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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