Abstract of associated article: We derive optimal monetary policy in a sticky price model when private agents follow adaptive learning. We show that this slight departure from rationality has importan
Abstract of associated article: We derive optimal monetary policy in a sticky price model when private agents follow adaptive learning. We show that this slight departure from rationality has importan
Abstract of associated article: We derive optimal monetary policy in a sticky price model when private agents follow adaptive learning. We show that this slight departure from rationality has importan