Dynamic predictor selection in a New Keynesian model with heterogeneous expectations

DOI10.1016/j.jedc.2010.03.012zbMath1232.91482OpenAlexW2101905150MaRDI QIDQ991404

William A. Branch, Bruce McGough

Publication date: 7 September 2010

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2010.03.012

zbMATH Keywords

monetary policycomplex dynamicsdeterminacyheterogeneous expectations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic dynamics (91B55) Heterogeneous agent models (91B69)

Related Items (13)

Forecast combination, non-linear dynamics, and the macroeconomy ⋮ Inflation expectations and macroeconomic dynamics: the case of rational versus extrapolative expectations ⋮ Heterogeneous expectations in monetary DSGE models ⋮ Optimal monetary policy in a New Keynesian model with heterogeneous expectations ⋮ Macroeconomic and stock market interactions with endogenous aggregate sentiment dynamics ⋮ Managing monetary policy in a New Keynesian model with many beliefs types ⋮ The behavioral economics of currency unions: economic integration and monetary policy ⋮ Monetary policy and determinacy: an inquiry into open economy New Keynesian macrodynamics ⋮ Managing unanchored, heterogeneous expectations and liquidity traps ⋮ Coexistence of equilibria in a New Keynesian model with heterogeneous beliefs ⋮ Monetary policy transmission in a model with animal spirits and house price booms and busts ⋮ Identifying booms and busts in house prices under heterogeneous expectations ⋮ Learning in a credit economy

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