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Adaptive Learning and Inflation Persistence
Milani, Fabio - 2005
What generates persistence in inflation? Is inflation persistence structural? This paper investigates learning as a potential source of persistence in inflation. The paper focuses on the price-setting problem of firms and presents a model that nests structural sources of persistence (indexation)...
Persistent link: https://www.econbiz.de/10014064082
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Expectations and the stability problem for optimal monetary policies
Evans, George W.; Honkapohja, Seppo - 2000
observed household and firm expectations. …
Persistent link: https://www.econbiz.de/10011418901
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Expectations and the stability problem for optimal monetary policies
Evans, George W.; Honkapohja, Seppo - 2000
observed household and firm expectations. …
Persistent link: https://www.econbiz.de/10001542195
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Expectations and the stability problem for optimal monetary policies
Evans, George W.; Honkapohja, Seppo - 2001
Persistent link: https://www.econbiz.de/10013423423
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Heterogeneous or homogeneous inflation expectation formation models : a case study of Chinese households and financial participants
Xu, Yingying; Liu, Zhixin; Zhang, Xing - In: The Singapore economic review : journal of the Economic … 62 (2017) 4, pp. 859-874
Persistent link: https://www.econbiz.de/10011788687
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Adaptive expectations or myopic perfect foresight : the wrong alternative
Flaschel, Peter - 1992
Persistent link: https://www.econbiz.de/10000840712
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E-equilibria and adaptive expectations : output and inflation in the LBS model
Garratt, Anthony; Hall, Stephen G. - 1994
Persistent link: https://www.econbiz.de/10000147723
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Explaining violations of Bayesian inference
Pasche, Markus - 1997
Persistent link: https://www.econbiz.de/10000658619
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Fundamentalists vs. chartists : learning and predictor choice dynamics
Berardi, Michele (contributor) - 2008
Persistent link: https://www.econbiz.de/10003753591
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Learning within a Markovian environment
Rivas, Javier (contributor) - 2008
Persistent link: https://www.econbiz.de/10003651950