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individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …

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Molnar, Vojtech - 2021

rationality. Economic agents form their expectations using heuristics - they choose between a few simple rules based on their past …

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De Grauwe, Paul - 2021

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

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