Showing 1 - 10 of 23,122
Persistent link: https://www.econbiz.de/10003438079
Persistent link: https://www.econbiz.de/10003978985
Persistent link: https://www.econbiz.de/10012630988
Persistent link: https://www.econbiz.de/10012264210
Persistent link: https://www.econbiz.de/10012193894
This paper estimates a New Keynesian model extended to include heterogeneous expectations, to revisit the evidence that postwar US macroeconomic data can be explained as the outcome of passive monetary policy, indeterminacy, and sunspot-driven fluctuations in the pre-1979 sample, with a switch...
Persistent link: https://www.econbiz.de/10012200338
Persistent link: https://www.econbiz.de/10012888375
Economic theory predicts that intertemporal decisions depend critically on expectations about future outcomes. Using …
Persistent link: https://www.econbiz.de/10012660381
Persistent link: https://www.econbiz.de/10012500384