Coexistence of equilibria in a New Keynesian model with heterogeneous beliefs

DOI10.1016/J.CHAOS.2015.05.016zbMath1354.91101OpenAlexW320149122MaRDI QIDQ506818

Nicolò Pecora, Alessandro Spelta, Anna Agliari

Publication date: 2 February 2017

Published in: Chaos, Solitons and Fractals (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.chaos.2015.05.016

zbMATH Keywords

monetary policyheterogeneous expectationsstandard New Keynesian model

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Simulation of dynamical systems (37M05) Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55)

Related Items (4)

Managing monetary policy in a New Keynesian model with many beliefs types ⋮ Managing unanchored, heterogeneous expectations and liquidity traps ⋮ Bayesian estimation and entropy for economic dynamic stochastic models: an exploration of overconsumption ⋮ Analysis of 1:4 resonance in a monopoly model with memory

Uses Software

• DMC

Cites Work

• Unnamed Item
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