Forward guidance and the role of central bank credibility under heterogeneous beliefs
Year of publication: |
2022
|
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Authors: | Goy, Gavin ; Hommes, Cars H. ; Mavromatis, Kostas |
Published in: |
Journal of economic behavior & organization : JEBO. - Amsterdam [u.a.] : Elsevier, ISSN 0167-2681, ZDB-ID 864321-0. - Vol. 200.2022, p. 1240-1274
|
Subject: | Bounded Rationality | Central Bank Learning | Forward Guidance | Heterogeneous Beliefs | Geldpolitik | Monetary policy | Begrenzte Rationalität | Bounded rationality | Zentralbank | Central bank | Inflationserwartung | Inflation expectations | Lernprozess | Learning process | Rationale Erwartung | Rational expectations | Theorie | Theory | Erwartungsbildung | Expectation formation | Neoklassische Synthese | Neoclassical synthesis | Glaubwürdigkeit | Credibility |
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