application of the rational expectations hypothesis: within the model framework all farms have the precise forecast of necessary … obtained ecological- economic model with the rational expectations are the complex computational problem, which is solved with … hundred years. Fluctuations of financial pa-rameters with the period in 36 years caused by price rational expectations are …

- economic model with the rational expectations is solved with the help of the highly productive calculations on the …

adaptive expectations and partial adjustment mechanisms. The paper demonstrates the difficulty of interpreting distributed lag …

policy. Several papers document a regime switch, by showing that policy changed from `passive' and destabilizing in the pre … rational expectations. This paper relaxes the assumption of rational expectations and it allows for learning instead. Economic … agents form expectations from simple models and update the parameters through constant-gain learning. I estimate the model by …

potential source of persistence in inflation. The paper focuses on the price-setting problem of firms and presents a model that … expectations to match the inertia in the data and to improve the fit of estimated New Keynesian Phillips curves. The empirical … results show that when learning replaces the assumption of fully rational expectations, structural sources of persistence in …

policy will be different. The policymaker will also incur substantial costs from misspecifying private expectations formation. … and inflation indexation, that are typically needed in monetary models with rational expectations to match the persistence … replaces rational expectations, the estimated degrees of habits and indexation drop near zero. This finding suggests that …