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Statistical vs. Structural Explanations of Understatement and Regressivity in "Rational" Expectations

John Bossons and Franco Modigliani
Econometrica
Vol. 34, No. 2 (Apr., 1966), pp. 347-353
Published by: The Econometric Society
DOI: 10.2307/1909937
Stable URL: http://www.jstor.org/stable/1909937
Page Count: 7
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Statistical vs. Structural Explanations of Understatement and Regressivity in "Rational" Expectations
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