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Bayesian econometrics
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Econometrics
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Forecasting the forecasts of others
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Imperfect common knowledge
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Kalman filter
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Macroeconomics
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forecasting the forecasts of others
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higher order beliefs
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monetary policy and beliefs
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persistent real effects of nominal shocks
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pooling equilibrium
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rational inattention
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Melosi, Leonardo
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Pearlman, Joseph G.
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Sargent, Thomas J.
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Review of Economic Dynamics
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Essays on the Macroeconomics of Incomplete Information
Melosi, Leonardo
-
2010
' "
forecasting
the
forecasts
of
others
" can produce realistic dynamics of model variables, with associated highly persistent real …
Persistent link: https://www.econbiz.de/10009438812
Saved in:
2
Knowing the Forecasts of Others
Pearlman, Joseph G.
;
Sargent, Thomas J.
- In:
Review of Economic Dynamics
8
(
2005
)
2
,
pp. 480-497
Townsend's models of '
forecasting
the
forecasts
of
others
'. The equilibrium has the property that decision makers make common …
Persistent link: https://www.econbiz.de/10005069607
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