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Rational beliefs
market state of belief
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Modeling diverse expectations in an aggregated New Keynesian Model
Kurz, Mordecai
;
Piccillo, Giulia
;
Wu, Howei
- In:
Journal of Economic Dynamics and Control
37
(
2013
)
8
,
pp. 1403-1433
market
state
of
belief
.” In equilibrium, endogenous variables are functions of mean market belief and this state variable is …
Persistent link: https://www.econbiz.de/10011051941
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