LEARNING, COMMITMENT, AND MONETARY POLICY

DOI10.1017/S136510050908016XzbMath1176.91157OpenAlexW2141790118MaRDI QIDQ3644946

George A. Waters

Publication date: 13 November 2009

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s136510050908016x

zbMATH Keywords

learningmonetary policydeterminacyinterest rate rulesexpectational stability

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Interest rates, asset pricing, etc. (stochastic models) (91G30)

Cites Work

• Learning with bounded memory in stochastic models
• Monetary policy, indeterminacy and learning
• Escapist policy rules
• Convergence of least squares learning mechanisms in self-referential linear stochastic models
• Learning, estimation, and the stability of rational expectations
• The non-optimality of proposed monetary policy rules under timeless perspective commitment
• Learning about monetary regime shifts in an overlapping wage contract model
• The Solution of Linear Difference Models under Rational Expectations
• Expectations and the Stability Problem for Optimal Monetary Policies
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Expectations Formation and Stability of Large Socioeconomic Systems