Should private expectations concern central bankers?
1.
SYSNO ASEP
0024098
Document Type
J - Journal Article
R&D Document Type
Journal Article
Subsidiary J
Ostatní články
Title
Should private expectations concern central bankers?
Title
Mají soukromá očekávání zajímat bankéře centrální banky?
Author(s)
Fukač, Martin (NHU-N)
Source Title
CERGE-EI Working Paper Series
- ISSN 1211-3298
-, č. 277 (2005), s. 1-46
Number of pages
46 s.
Publication form
www - www
Language
eng - English
Country
CZ - Czech Republic
Keywords
imperfect and heterogeneous knowledge ; adaptive learning ; monetary policy
Subject RIV
AH - Economics
CEZ
AV0Z70850503 - NHU-N (2005-2011)
Annotation
We analyze the standard New Keynesian economy adjusted by a financial intermediation sector, heterogenous, imperfect knowledge, and adaptive learning. We consider two groups of agents (i) private agents (households, firms, private banks) and (ii) the central bank who differ in their knowledge and expectations.
Workplace
Economics Institute
Contact
Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
Year of Publishing
2006
Number of the records: 1
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