Initial Expectations in New Keynesian Models with Learning
Language: en
Pages:
Authors:
Categories:
Type: BOOK - Published: 2008 - Publisher:

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Empirical Significance of Learning in a New Keynesian Model with Firm-Specific Capital
Language: en
Pages: 60
Authors: James Murray
Categories:
Type: BOOK - Published: 2008 - Publisher:

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This paper examines the empirical significance of learning, a type of adaptive, boundedly rational expectations, in the U.S. economy within the framework of the
New Keynesian Model Dynamics Under Heterogeneous Expectations and Adaptive Learning
Language: en
Pages: 40
Authors: Martin Fukač
Categories: Economics
Type: BOOK - Published: 2006 - Publisher:

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Behavioral Learning Equilibria in New Keynesian Models
Language: en
Pages: 0
Authors: Cars H. Hommes
Categories:
Type: BOOK - Published: 2022 - Publisher:

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We introduce behavioral learning equilibria (BLE) into a multi-variate linear framework and apply it to New Keynesian DSGE models. In a BLE, boundedly rational
Inflation Expectations
Language: en
Pages: 402
Authors: Peter J. N. Sinclair
Categories: Business & Economics
Type: BOOK - Published: 2009-12-16 - Publisher: Routledge

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Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring t