Metadata
Author: WikiMatrix
Data
English[en]
Lucas argued that policy conclusions drawn from contemporary large-scale macroeconometric models were invalid as economic actors would change their expectations of the future and adjust their behaviour accordingly.
Spanish[es]
Lucas sostuvo que las conclusiones de una política a partir de modelos macroeconométricos eran inválidos en tanto en cuanto los agentes económicos podían cambiar sus expectativas y ajustar su comportamiento.