Monetary policy rules and economic stability when agents must learn

In most economic models used for theoretical exploration or policy analysis, there is a crucial role for agents' expectations about future outcomes. Generally, it is assumed that economic agents take their decisions according to rationality principles and that they have a fairly accurate knowle...

Full description

Bibliographic Details
Main Author: Eusepi, Stefano
Published: University of Warwick 2004
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.524313