Managing unanchored, heterogeneous expectations and liquidity traps

DOI10.1016/j.jedc.2019.01.004zbMath1411.91408OpenAlexW2792708746MaRDI QIDQ1734568

Joep Lustenhouwer, Cars H. Hommes

Publication date: 27 March 2019

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/11245.1/86f86b8f-26ac-4ad2-afb8-b132f877f311

zbMATH Keywords

bounded rationalityheterogeneous expectationsliquidity traps

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Economic dynamics (91B55) Dynamic stochastic general equilibrium theory (91B51)

Related Items (1)

The international synchronisation of business cycles: the role of animal spirits

Cites Work

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