Monetary Policy Analysis when Planning Horizons are Finite
收藏NBER2018-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24692
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资源简介：
It is common to analyze the effects of alternative monetary policy commitments under the assumption of fully model-consistent expectations. This implicitly assumes unrealistic cognitive abilities on the part of economic decision makers. The relevant question, however, is not whether the assumption
提供机构：
美国国家经济研究局
创建时间：
2018-06-01
