Evans, George W. (contributor); … - 2003 - [Elektronische Ressource]
Adaptive Learning and Monetary Policy
Design
∗
George W. Evans
University of Oregon
Seppo Honkapohja
University of … designing policy to ensure stability under pri-
vate agent learning. Appropriately designed expectations based rules
can yield … optimal rational expectations equilibria that are both deter-
minate and stable under learning. Some simple instrument rules …