The New Keynesian Phillips curve with myopic agents

DOI10.1016/j.jedc.2013.05.015zbMath1402.91494OpenAlexW3021069735MaRDI QIDQ1994156

Michael W. M. Roos, Andreas Orland

Publication date: 1 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2013.05.015

zbMATH Keywords

experimental economicsmyopiabehavioral macroeconomicshybrid Phillips curve

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items

Inflation illusion and the Taylor principle: an experimental study

Uses Software

• Z-Tree

Cites Work

• Heterogeneous expectations in monetary DSGE models
• Animal spirits and monetary policy
• The heterogeneous expectations hypothesis: Some evidence from the lab
• Money illusion and coordination failure
• Inflation dynamics and the New Keynesian Phillips curve: an identification robust econometric analysis
• Rules of thumb in macroeconomic equilibrium
• An experimental study of decisions in dynamic optimization problems
• A New Keynesian model with heterogeneous expectations
• Measuring Strategic Uncertainty in Coordination Games
• Monopolistic Price Adjustment and Aggregate Output
• Inflation Persistence
• Limited Rationality and Strategic Interaction: The Impact of the Strategic Environment on Nominal Inertia
• The Theory of Global Games on Test: Experimental Analysis of Coordination Games with Public and Private Information