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Sunspot rational beliefs structures, equilibria and excess volatility

Krabbe Nielsen, Carsten (contributor) - In: The B.E. journal of theoretical economics 7 (2007) 1, pp. 1-24

Persistent link: https://www.econbiz.de/10003738151

Chaos and sector-specific externalities

Stockman, David R. (contributor) - 2007

Persistent link: https://www.econbiz.de/10003739225

Worldwide macroeconomic stability and monetary policy rules

Bullard, James Brian (contributor); Singh, Aarti (contributor) - 2007 - Rev.

Persistent link: https://www.econbiz.de/10003740101

A note on oil dependence and economic instability

Aguiar-Conraria, Luís (contributor); Wen, Yi (contributor) - 2007 - Rev.

Persistent link: https://www.econbiz.de/10003740498

Animal spirits and monetary policy

De Grauwe, Paul (contributor) - 2008

We develop a behavioral macroeconomic model in which agents use simple but biased rules to forecast future output and inflation. This model generates endogenous waves of optimism and pessimism ("Animal Spiritsʺ) that are generated by the correlation of biased beliefs. We contrast the dynamics...