An Integrated View of Tests of Rationality, Market Efficiency, and the Short-Run Neutrality of Aggregate Demand Policy

Frederic S. Mishkin, A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient-Markets Models (University of Chicago Press, 1983), chap. 3, https://www.nber.org/books-and-chapters/rational-expectations-approach-macroeconometrics-testing-policy-ineffectiveness-and-efficient/integrated-view-tests-rationality-market-efficiency-and-short-run-neutrality-aggregate-demand-policy.