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Search: subject:"Perceived Law of Motion"
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Adaptive learning
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Cross-equation restrictions
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Forward-looking model of inflation dynamics
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Perceived Law of Motion
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Recursive Least Squares
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VAR
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Fanelli, Luca
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Evaluating the New Keynesian Phillips Curve under VAR-based learning
Fanelli, Luca
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Volkswirtschaftliche Fakultät, …
-
2007
assumption is that agents’
perceived
law
of
motion
is a VAR whose parameters are updated by recursive least squares. Differently …
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