Monetary policy, indeterminacy and learning
From MaRDI portal
Publication:956473
DOI10.1016/J.JEDC.2005.06.008zbMATH Open1198.91145OpenAlexW2108228747MaRDI QIDQ956473FDOQ956473
George W. Evans, Bruce McGough
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: http://hdl.handle.net/1794/124
Recommendations
- Monetary policy and stable indeterminacy with inertia
- Learning to Believe in Sunspots
- Expectations and optimal monetary policy: a stability problem revisited
- Expectational stability of stationary sunspot equilibria in a forward-looking linear model
- Determinacy, learnability, and discretionary policy
Macroeconomic theory (monetary models, models of taxation) (91B64) Economic time series analysis (91B84) Special types of economic equilibria (91B52) Rationality and learning in game theory (91A26)
Cites Work
- Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
- Convergence in monetary inflation models with heterogeneous learning rules
- Inflation Persistence
- Real business cycles and the animal spirits hypothesis
- Expectations and the Stability Problem for Optimal Monetary Policies
- COORDINATION ON SADDLE-PATH SOLUTIONS: THE EDUCTIVE VIEWPOINT—LINEAR UNIVARIATE MODELS
- Learning to Believe in Sunspots
- Performance of monetary policy with internal central bank forecasting
- Stable sunspot solutions in models with predetermined variables
- Existence of adaptively stable sunspot equilibria near an indeterminate steady state.
- On the local stability of sunspot equilibria under adaptive learning rules
- E-equilibria and adaptive expectations: Output and inflation in the LBS model
- EXPECTATIONS COORDINATION ON A SUNSPOT EQUILIBRIUM: AN EDUCTIVE APPROACH
- Expectational stability of stationary sunspot equilibria in a forward-looking linear model
Cited In (33)
- LEARNING DYNAMICS AND ENDOGENOUS CURRENCY CRISES
- Learning in a misspecified multivariate self-referential linear stochastic model
- Learning and optimal monetary policy
- Learning, monetary policy rules, and macroeconomic stability
- ADAPTIVE LEARNING IN REGIME-SWITCHING MODELS
- Adaptive learning and distributional dynamics in an incomplete markets model
- Monetary policy, learning and the speed of convergence
- Monetary policy and stable indeterminacy with inertia
- Saddlepath learning
- Financial factors and monetary policy: determinacy and learnability of equilibrium
- Optimal fiscal policy under learning
- Is more memory in evolutionary selection (de)stabilizing?
- Interactions Between Fiscal and Monetary Authorities in a Three-Country New-Keynesian Model of a Monetary Union
- Learning about monetary policy rules when the housing market matters
- Monetary policy and indeterminacy after the 2001 slump
- Optimal monetary policy under learning and structural uncertainty in a New Keynesian model with a cost channel and inflation inertia
- Learning about monetary policy rules when labor market search and matching frictions matter
- Expectational stability of sunspot equilibria in non-convex economies
- Animal spirits and credit cycles
- A New Keynesian model with staggered price and wage setting under learning
- Investment, interest rate policy, and equilibrium stability
- INCREASING RETURNS AND THE DESIGN OF INTEREST RATE RULES
- Robustifying learnability
- Dynamic predictor selection in a New Keynesian model with heterogeneous expectations
- Trend inflation, sticky prices, and expectational stability
- Adaptive Learning and Central Bank Inattentiveness in Optimal Monetary Policy
- Real-time rational expectations and indeterminacy
- Heterogeneity and learning with complete markets
- Stable near-rational sunspot equilibria
- Biased Bayesian learning with an application to the risk-free rate puzzle
- LEARNING, COMMITMENT, AND MONETARY POLICY
- A New Keynesian model with heterogeneous expectations
- E-stability vis-à-vis determinacy in regime-switching models
This page was built for publication: Monetary policy, indeterminacy and learning
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q956473)
