The Phillips curve and Bayesian learning

DOI10.1016/0022-0531(81)90057-0zbMath0488.90021OpenAlexW2066634134MaRDI QIDQ1166399

Geoffrey Lewis

Publication date: 1981

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(81)90057-0

zbMATH Keywords

rational expectationsPhillips curvelong-run equilibriumlearning equilibriumallocation decisionsappropriate equilibrium conceptBayesian learning theoryobservation of market prices

Mathematics Subject Classification ID

Decision theory (91B06) General equilibrium theory (91B50)

Related Items (2)

Bayesian learning and convergence to rational expectations ⋮ Bayesian learning behaviour and the stability of equilibrium forecasts

Cites Work

• Rational expectations and the econometric modeling of markets subject to uncertainty. A Bayesian approach
• Unnamed Item
• Unnamed Item

This page was built for publication: The Phillips curve and Bayesian learning