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- W2020134360 abstract "Abstract We study macroeconomic systems with forward-looking private sector agents and a monetary authority that is trying to control the economy through the use of a linear policy feedback rule. We use stability under recursive learning a la Evans and Honkapohja (Learning and Expectations in Macroeconomics, Princeton University Press, Princeton, New Jersey, 2001) as a criterion for evaluating monetary policy rules in this context. We find that considering learning can alter the evaluation of alternative policy rules." @default.
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- W2020134360 date "2002-09-01" @default.
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- W2020134360 title "Learning about monetary policy rules" @default.
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- W2020134360 doi "https://doi.org/10.1016/s0304-3932(02)00144-7" @default.
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