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Essays on adaptive learning with applications to monetary policy

Fries, Oliver - 2008

Persistent link: https://www.econbiz.de/10003719673

Genetic algorithms and inflationary economies

Arifovic, Jasmina - In: Journal of monetary economics 36 (1995) 1, pp. 219-243

Persistent link: https://www.econbiz.de/10001190687

Solving and simulating a simple open-economy model with Markov-switching driving processes and rational learning

Sill, D. Keith; Wrase, Jeffrey M. - 1999

Persistent link: https://www.econbiz.de/10001416515

Simulation of FOMC Meeting : Learning About Monetary Policy by Doing

Nath, Hiranya K. - 2005

This paper describes a classroom simulation of the FOMC meeting designed for an upper-level monetary economics class …

Persistent link: https://www.econbiz.de/10014066282

Reinforcement Learning Induced Non-Neutrality of Monetary Policy in Computational Economic Simulation

Vlk, Bořivoj - 2023

understand the model’s structure. This article shows how it is possible to build a macroeconomic agent-based simulation from … simulation and does not require strong assumptions on economic agents’ rationality and expectations. This simulation falls into …

Persistent link: https://www.econbiz.de/10014262574

How do adaptive learning expectations rationalize stronger monetary policy response in Brazil?

Dizioli, Allan; Wang, Hou - In: Latin American journal of central banking : LAJCB 5 (2024) 1, pp. 1-16

This paper estimates a standard Dynamic Stochastic General Equilibrium (DSGE) model that includes a wage and price Phillips curves with different expectation formation processes for Brazil and the USA. Other than the standard rational expectation process, we also use a limited rationality...

Persistent link: https://www.econbiz.de/10015055065