Emerging patterns in inflation expectations with multiple agents

DOI10.3934/JDG.2020012MaRDI QIDQ828005zbMATH OpenOpenAlexFDO

Authors Emiliano Alvarez, Silvia London

Publication date 14 January 2021

Published in Journal of Dynamics and Games (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3934/jdg.2020012

zbMATH Keywords

econophysicsheterogeneous agentsmonetary policyinflation expectations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Applications of statistical and quantum mechanics to economics (econophysics) (91B80) Heterogeneous agent models (91B69)

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Cites work

• scientific article; zbMATH DE number 2222640 (Why is no real title available?)
• A Rational Route to Randomness
• An analysis of variance test for normality (complete samples)
• Discrete choice with social interactions
• Economic evolution and uncertainty: transitions and structural changes
• Heterogeneous beliefs and routes to chaos in a simple asset pricing model
• Power-law distributions in empirical data
• Quantal response equilibria for normal form games
• Science and Statistics
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
• Sticky information and model uncertainty in survey data on inflation expectations

Cited in

(3)

• The Formation of Inflation Expectations under Changing Inflation Regimes
• Information structure and the transmission of inflationary expectations
• Inflation expectations of households in India: role of oil prices, economic policy uncertainty, and spillover of global financial uncertainty

Describes a project that uses

Uses Software

• poweRlaw
• plfit

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