Robust learning stability with operational monetary policy rules

The recent literature examines the conduct of monetary policy in terms of interest rate rules from the viewpoint of imperfect knowledge and learning by economic agents. The stability of the rational expectations equilibrium is taken as a key desideratum for good monetary policy design. Most of this...

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Detalles Bibliográficos
Autores principales: Evans, George W., Honkapohja, Seppo, 1951-
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3749
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