Similar Search Results

Hintermaier, Thomas - 2004

parameters, and in particular those assigning values of imperfections in the economy, the economy may be driven by sunspots at … some frequencies while sunspots can have no impact at other frequencies. -- sunspots ; indeterminacy ; high frequency …

Persistent link: https://www.econbiz.de/10009728989

Essays on equilibrium indeterminacy and microeconomic dynamics

Hirose, Yasuo - 2006

Persistent link: https://www.econbiz.de/10009689100

Commodity money with frequent search

Oberfield, Ezra; Trachter, Nicholas - In: Journal of economic theory 147 (2012) 6, pp. 2332-2356

Persistent link: https://www.econbiz.de/10009692149

Booms and busts : new Keynesian and behavioural explanations

De Grauwe, Paul - In: What's right with macroeconomics?, (pp. 149-180). 2012

Persistent link: https://www.econbiz.de/10009696519

The inefficient markets hypothesis : why financial markets do not work well in the real world

Farmer, Roger E. A.; Nourry, Carine; Venditti, Alain - 2012

Persistent link: https://www.econbiz.de/10009697906

Animal spirits, technology shocks and the business cycle

Weder, Mark - 1997

. -- Sunspots ; technology shocks ; economic fluctuations ; Dunlop-Tarshis-puzzle …

Persistent link: https://www.econbiz.de/10009659067

On the stability of nonsunspot equilibria

Balasko, Yves - In: Journal of economic theory 147 (2012) 2, pp. 526-544

Persistent link: https://www.econbiz.de/10009663694

Identification of animal spirits in a bounded rationality model : an application to the euro area

Jang, Tae-seok; Sacht, Stephen - 2012

In this paper, we empirically examine a heterogenous bounded rationality version of a hybrid New-Keynesian model. The model is estimated via the simulated method of moments using Euro Area data from 1975Q1 to 2009Q4. It is generally assumed that agents' beliefs display waves of optimism and...

Persistent link: https://www.econbiz.de/10009669699

Sentiments and aggregate demand fluctuations

Benhabib, Jess; Wang, Pengfei; Wen, Yi - 2012

Persistent link: https://www.econbiz.de/10009625499

Sunspot bank runs in competitive versus monopolistic banking systems

Matsuoka, Tarishi - In: Economics letters 118 (2013) 2, pp. 247-249

Persistent link: https://www.econbiz.de/10009706802