Bounded rational expectation : how it can affect the effectiveness of monetary rules in the open economy
Year of publication: |
2023
|
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Authors: | Dong, Xue ; Minford, Patrick ; Meenagh, David ; Yang, Xiaoliang |
Published in: |
Journal of international financial markets, institutions & money. - Amsterdam : Elsevier, ISSN 1042-4431, ZDB-ID 1117317-8. - Vol. 88.2023, p. 1-20
|
Subject: | Bounded rationality | Exchange rate channel | Monetary policy | Small open economy | Begrenzte Rationalität | Theorie | Theory | Geldpolitik | Wechselkurs | Exchange rate | Offene Volkswirtschaft | Open economy | Kleine offene Volkswirtschaft | Rationale Erwartung | Rational expectations | Geldpolitische Transmission | Monetary transmission |
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