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picture1_Calibration Pdf 128995 | Tss Item Download 2022-10-14 07-21-02


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File: Calibration Pdf 128995 | Tss Item Download 2022-10-14 07-21-02
learning in monetary economics sergio santoro departmentofeconomics universitat pompeu fabra doctoral thesis supervisor ramon marimon barcelona december 2006 diposit legal b 53875 2007 isbn 978 84 691 1194 9 contents ...

icon picture PDF Filetype PDF | Posted on 14 Oct 2022 | 4 years ago
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...Learning in monetary economics sergio santoro departmentofeconomics universitat pompeu fabra doctoral thesis supervisor ramon marimon barcelona december diposit legal b isbn contents foreword iv adaptivelearningandinationdynamicsinaflexibleprice model introduction stylized facts and calvo the gain parameter numerical results calibration strategy persistence of shocks acceleration phenomenon an alternative specication conclusions future research appendix figures optimal policy when agents are baseline benchmark discretionary solution under rational ex pectations constant comparison with eh rule decreasing robustness analysis measurement error heterogenous forecasts advice derivations consumption equivalents expectations traditional determinacy heterogeneous dynamics out region learners beliefs learnability...

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