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Do heterogeneous expectations constitute a challenge for policy interaction?
Gasteiger, Emanuel - 2016
Yes, indeed; at least for macroeconomic policy interaction. We examine a Neo-Classical economy and provide the conditions for policy arrangements to successfully stabilize the economy when agents have either rational or adaptive expectations. For a contemporaneous-data monetary policy rule, the...
Persistent link: https://www.econbiz.de/10011513023
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Do Heterogeneous Expectations Constitute a Challenge for Policy Interaction?
Gasteiger, Emanuel - 2016
Yes, indeed; at least for macroeconomic policy interaction. We examine a Neo-Classical economy and provide the conditions for policy arrangements to successfully stabilize the economy when agents have either rational or adaptive expectations. For a contemporaneous-data monetary policy rule, the...
Persistent link: https://www.econbiz.de/10013003294
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Do heterogeneous expectations constitute a challenge for policy interaction?
Gasteiger, Emanuel - In: Macroeconomic dynamics 22 (2018) 8, pp. 2107-2140
Persistent link: https://www.econbiz.de/10012127578
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Geld- und Fiskalpolitik und ihre konjunkturelle Wirkung : ein empirischer Vergleich verschiedener Theorien
Jansen, Detlef - 1991
Persistent link: https://www.econbiz.de/10013381478
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Monetary policy, real economic activity, and new-classical macroeconomics
Yum, Piljoo - 1992
Persistent link: https://www.econbiz.de/10000861390
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Crescita non anticipata dell'offerta di moneta e reddito reale in Italia (1958 - 1981)
Carnazza, Paolo - In: Note economiche : rivista economica del Monte dei … (1985), pp. 89-102
Persistent link: https://www.econbiz.de/10001032057
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Market structure and the effectiveness of monetary policy : a cross-industry study
Goodwin, Thomas Harry - In: Applied economics 26 (1994) 1, pp. 73-82
Persistent link: https://www.econbiz.de/10001156289
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Adaptive expectations, underparameterization and the Lucas critique
Evans, George W.; Ramey, Garey - 2001
Persistent link: https://www.econbiz.de/10001618414
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A guided tour of the world of rational expectations models and optimal policies
Jeanfils, Philippe - 2001
Persistent link: https://www.econbiz.de/10001625927
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Glaubwürdigkeitsprobleme in der Geldpolitik : institutionelle Lösungsansätze auf spieltheoretischer Grundlage
Hamacher, Stefanie - 1995
Persistent link: https://www.econbiz.de/10000531432