Good luck or good policy? An expectational theory of macro volatility switches

DOI10.1016/J.JEDC.2013.07.005zbMath1402.91449OpenAlexW3122929276MaRDI QIDQ1994197

Gaetano Gaballo

Publication date: 1 November 2018

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

Full work available at URL: http://hdl.handle.net/1814/18275

zbMATH Keywords

perpetual learningcomovements in expectationsnon-fundamental volatilityprofessional forecasters

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Unnamed Item
• Unnamed Item
• Consistent expectations and misspecification in stochastic non-linear economies
• The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations
• REPRESENTATIONS AND SUNSPOT STABILITY
• A MODEL OF NEAR-RATIONAL EXUBERANCE
• STATISTICAL LEARNING WITH TIME-VARYING PARAMETERS
• Macroeconomic Expectations of Households and Professional Forecasters

This page was built for publication: Good luck or good policy? An expectational theory of macro volatility switches