The role of expectations in economic fluctuations and the efficacy of monetary policy
DOI10.1016/J.JEDC.2005.06.002zbMath1198.91147OpenAlexW3123248617MaRDI QIDQ956482
Hehui Jin, Maurizio Motolese, Mordecai Kurz
Publication date: 25 November 2008
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
Full work available at URL: http://publikationen.ub.uni-frankfurt.de/files/4445/03_42.pdf
business cyclesmarket volatilitynonstationarityempirical distributionheterogeneous beliefsoptimismpessimismover confidencerational beliefmonetary policy rulesmoney nonneutrality
Macroeconomic theory (monetary models, models of taxation) (91B64) Rationality and learning in game theory (91A26) Economic dynamics (91B55)
Related Items (12)
Cites Work
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