Can loss aversion shed light on the deflation puzzle?
Year of publication: |
2021
|
---|---|
Authors: | Lye, Jenny N. ; McDonald, Ian Martin |
Published in: |
Review of Keynesian economics. - Cheltenham : Elgar, ISSN 2049-5323, ZDB-ID 2695100-9. - Vol. 9.2021, 1, p. 11-42
|
Subject: | unemployment | inflation | Phillips curve | hysteresis | loss aversion | behavioural macroeconomics | Phillips-Kurve | Arbeitslosigkeit | Unemployment | Risikoaversion | Risk aversion | Hysterese | Hysteresis | Inflation | Deflation | Prospect Theory | Prospect theory | Verlust | Loss |
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