Bounded rationality, monetary policy, and macroeconomic stability

DOI10.1016/J.ECONLET.2019.07.007MaRDI QIDQ2292732zbMATH OpenOpenAlexWikidataFDO

Authors Francisco Ilabaca, Greta Meggiorini, Fabio Milani

Publication date 5 February 2020

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://escholarship.org/uc/item/9vm2t8pf

zbMATH Keywords

Taylor principleactive vs. passive monetary policybehavioral New Keynesian modelcognitive discountingestimation under determinacy and indeterminacy

Mathematics Subject Classification ID

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

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Cites work

• A sparsity-based model of bounded rationality
• Learning and time-varying macroeconomic volatility
• Learning, monetary policy rules, and macroeconomic stability
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

Cited in

(6)

• CREDIBILITY AND INTERTEMPORAL CONSISTENCY
• Sparse restricted perceptions equilibrium
• A horse race of alternative monetary policy regimes under bounded rationality
• The role of liquid government bonds in the great transformation of American monetary policy
• On structural stability and robustness to bounded rationality
• scientific article; zbMATH DE number 1487833 (Why is no real title available?)

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