Managing monetary policy in a New Keynesian model with many beliefs types

DOI10.1016/j.econlet.2016.11.007zbMath1396.91545OpenAlexW2549407970MaRDI QIDQ1672750

Alessandro Spelta, Nicolò Pecora

Publication date: 11 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2016.11.007

zbMATH Keywords

bounded rationalitymonetary policymulti-agent systemsheterogeneous expectations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (2)

Subsidies and Interacting Crop Market Dynamics ⋮ Managing unanchored, heterogeneous expectations and liquidity traps

Uses Software

• DMC

Cites Work

• Heterogeneous expectations in monetary DSGE models
• Coexistence of equilibria in a New Keynesian model with heterogeneous beliefs
• Animal spirits and monetary policy
• Evolutionary dynamics in markets with many trader types
• The heterogeneous expectations hypothesis: Some evidence from the lab
• Modeling diverse expectations in an aggregated New Keynesian model
• Dynamic predictor selection in a New Keynesian model with heterogeneous expectations
• A New Keynesian model with heterogeneous expectations
• A Rational Route to Randomness
• Unnamed Item

This page was built for publication: Managing monetary policy in a New Keynesian model with many beliefs types