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Erwartungsbildung 1 Expectation formation 1 Geldpolitik 1 Incomplete information 1 Incomplete market 1 Macroeconomics 1 Makroökonomik 1 Monetary policy 1 Rational expectations 1 Rationale Erwartung 1 Risiko 1 Risk 1 Theorie 1 Theory 1 Unvollkommene Information 1 Unvollkommener Markt 1
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Aufsatzsammlung 1 Graue Literatur 1 Hochschulschrift 1 Non-commercial literature 1
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English 1
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Teodoro Guerreiro, Joao Pedro 1
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ECONIS (ZBW) 1
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Essays in Macroeconomics with Imperfect Expectations
Teodoro Guerreiro, Joao Pedro - 2023
The first chapter of this dissertation, coauthored with Martin Eichenbaum and Riccardo Bianchi-Vimercati, addresses the question: how sensitive is the power of fiscal policy at the ZLB to the assumption of rational expectations? We do so through the lens of a standard NK model in which people...
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