Showing 1 - 10 of 22,473
Persistent link: https://www.econbiz.de/10013192612
individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …
Persistent link: https://www.econbiz.de/10011604943
individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …
Persistent link: https://www.econbiz.de/10003778819
individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …
Persistent link: https://www.econbiz.de/10013316538
rationality. Economic agents form their expectations using heuristics - they choose between a few simple rules based on their past …
Persistent link: https://www.econbiz.de/10012490227
Persistent link: https://www.econbiz.de/10009559851
Persistent link: https://www.econbiz.de/10000665893
This paper's field evidence is: (1) many official sectors rapidly forget the damage of the 1982-85 exchange rate liquidity crisis and reverted to what caused that crisis, namely a closed economy clean floats perspective; and (2) the 2006-2008/9 exchange rate liquidity shock would have been more...
Persistent link: https://www.econbiz.de/10003906415
Persistent link: https://www.econbiz.de/10011812425
Persistent link: https://www.econbiz.de/10004362089