Monetary policy and sentiment-driven fluctuations

DOI10.1016/J.JET.2024.105928MaRDI QIDQ6664591zbMATH OpenFDO

Authors Jenny Chan

Publication date 16 January 2025

Published in Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

rational expectationsindeterminacyoptimal monetary policyanimal spiritsNew-Keynesiansunspots

Mathematics Subject Classification ID

Mathematical economics (91Bxx)

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Cites work

• Capacity utilization under increasing returns to scale
• Coordinating Coordination Failures in Keynesian Models
• Efficient Use of Information and Social�Value�of�Information
• Endogenous public information and welfare in market games
• Exogenous information, endogenous information, and optimal monetary policy
• Indeterminacy and increasing returns
• Knowing What Others Know: Coordination Motives in Information Acquisition
• Learning from house prices: amplification and business fluctuations
• Learning from private and public observations of others' actions
• Learning over the business cycle: policy implications
• Price dispersion, private uncertainty, and endogenous nominal rigidities
• Real business cycles and the animal spirits hypothesis
• Self-fulfilling prophecies
• Sentiments
• Sentiments and aggregate demand fluctuations
• Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
• The anatomy of sentiment-driven fluctuations

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