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Génicot, Garance; Ray, Debraj - 2014

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Euroskepticism, income inequality and financial expectations

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Trend growth and learning about monetary policy rules

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Trend growth and learning about monetary policy rules

Tesfaselassie, Mewael F. - 2011

The paper examines the effect of trend productivity growth on the determinacy and learnability of equilibria under alternative monetary policy rules. It shows that under a policy rule that responds to current period inflation and the output gap a higher trend growth rate relaxes the conditions...