Bullard, James Brian (contributor); … - 2004 - [Elektronische Ressource]
monetary policy framework. Inclusion of judgement in forecasts can lead to self-fulfilling fluctuations, but without the …. Examples include a simple
asset pricing model and the New Keynesian monetary policy frame-
work. Inclusion of judgement in …, bounded
rationality, monetary policy.
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An early version of this paper was presented at the ECB Conference “Monetary Policy …