Bullard, James Brian (contributor); Cho, In-Koo (contributor) - 2003 - [Elektronische Ressource], rev
Macroeconomics, Princeton University, Federal Reserve Macro System Committe, and
the Society for Economic Dynamics for helpful … a lot of information.
10
The assumption
is very favorable to the agents being able to learn the rational expectations … generate feedback
10
Including knowledge of the shocks w
t
and η
t
. But not as much information as under
rational expectations …