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Bounded rationality, monetary policy, and macroeconomic stability

Ilabaca, Francisco; Meggiorini, Greta; Milani, Fabio - In: Economics letters 186 (2020), pp. 1-5

Persistent link: https://www.econbiz.de/10012503740

Managing monetary policy in a New Keynesian model with many beliefs types

Pecora, Nicolò; Spelta, Alessandro - In: Economics letters 150 (2017), pp. 53-58

Persistent link: https://www.econbiz.de/10011762634

Chapter 1. Heterogeneous Expectations and Micro-Foundations in Macroeconomics

Branch, William A.; McGough, Bruce - In: Handbook of computational economics : Volume 4: …, (pp. 3-62). 2018

This chapter provides an overview of recent models of heterogeneous expectations in macroeconomics. We begin with a description of household behavior in an environment with features common to many models in asset pricing, monetary theory, and New Keynesian macroeconomics. We demonstrate issues...

Persistent link: https://www.econbiz.de/10014024354

Optimal monetary policy under bounded rationality

Benchimol, Jonathan; Bounader, Lahcen - In: Journal of financial stability 67 (2023), pp. 1-25

Persistent link: https://www.econbiz.de/10014455504

When and why hyperinflating monetary authorities abandon a currency

Miller, Stephen Matteo - In: Economics letters 141 (2016), pp. 11-14

Persistent link: https://www.econbiz.de/10011616048

Reallocation shocks, persistence and nominal rigidities

Furlanetto, Francesco; Groshenny, Nicolas - In: Economics letters 141 (2016), pp. 151-155

Persistent link: https://www.econbiz.de/10011616218