The role of expectations in economic fluctuations and the efficacy of monetary policy (Q956482)
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scientific article; zbMATH DE number 5373129
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| English | The role of expectations in economic fluctuations and the efficacy of monetary policy |
scientific article; zbMATH DE number 5373129 |
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The role of expectations in economic fluctuations and the efficacy of monetary policy (English)
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25 November 2008
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monetary policy rules
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money nonneutrality
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business cycles
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market volatility
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heterogeneous beliefs
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over confidence
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rational belief
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optimism
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pessimism
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nonstationarity
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empirical distribution
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0.8183181285858154
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0.7535092830657959
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0.7420128583908081
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