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Bounded Rationality and Strategic Complementarity in a Macroeconomic Model: Policy Effects, Persistence and Multipliers

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NBER1996-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5482
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Motivated by recent developments in the bounded rationality and strategic complementarity literatures, we examine an intentionally simple and stylized aggregative economic model, when the assumptions of fully rational expectations and no strategic interactions are relaxed. We show that small
提供机构:
美国国家经济研究局
创建时间:
1996-03-01
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