Muehlen, Peter von zur; Tetlow, Robert J. - Society for Computational Economics - SCE - 2005
establishing certain features of monetary policy rules that facilitate learning, a comprehensive treatment of policy design for … learnability has yet to surface, especially for cases in which agents have potentially misspecified their learning models. This … learning true reduced forms of the economy is subject to potentially destabilizing errors. We then ask: can a central bank set …