Macroeconomic and monetary policies from the eductive viewpoint

The quality of the coordination of expectations, a key issue for monetary policy, obtains from different, but interrelated, channels: both the credibility of the central bank intervention and the ability of decentralized agents to coordinate on a dynamical equilibrium matter. For both purposes, it i...

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Autor principal:	Guesnerie, Roger
Formato:	Artículo
Lenguaje:	eng
Publicado:	Banco Central de Chile 2019
Materias:	POLÍTICA MONETARIA MACROECONOMÍA BANCOS CENTRALES
Acceso en línea:	https://hdl.handle.net/20.500.12580/3750
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spelling	oai-20.500.12580-37502021-04-24T11:02:47Z Macroeconomic and monetary policies from the eductive viewpoint Guesnerie, Roger POLÍTICA MONETARIA MACROECONOMÍA BANCOS CENTRALES The quality of the coordination of expectations, a key issue for monetary policy, obtains from different, but interrelated, channels: both the credibility of the central bank intervention and the ability of decentralized agents to coordinate on a dynamical equilibrium matter. For both purposes, it is important to understand how agents learn. Indeed, many studies on monetary policy focus on learning processes involving evolutive, real-time learning rules (such as adaptive learning rules). 2019-11-01T00:04:33Z 2019-11-01T00:04:33Z 2009 Artículo 978-956-7421-32-9 https://hdl.handle.net/20.500.12580/3750 eng Series on Central Banking, Analysis, and Economic Policies, no. 13 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 171-202 application/pdf Banco Central de Chile
institution	Banco Central
collection	Banco Central
language	eng
topic	POLÍTICA MONETARIA MACROECONOMÍA BANCOS CENTRALES
spellingShingle	POLÍTICA MONETARIA MACROECONOMÍA BANCOS CENTRALES Guesnerie, Roger Macroeconomic and monetary policies from the eductive viewpoint
description	The quality of the coordination of expectations, a key issue for monetary policy, obtains from different, but interrelated, channels: both the credibility of the central bank intervention and the ability of decentralized agents to coordinate on a dynamical equilibrium matter. For both purposes, it is important to understand how agents learn. Indeed, many studies on monetary policy focus on learning processes involving evolutive, real-time learning rules (such as adaptive learning rules).
format	Artículo
author	Guesnerie, Roger
author_facet	Guesnerie, Roger
author_sort	Guesnerie, Roger
title	Macroeconomic and monetary policies from the eductive viewpoint
title_short	Macroeconomic and monetary policies from the eductive viewpoint
title_full	Macroeconomic and monetary policies from the eductive viewpoint
title_fullStr	Macroeconomic and monetary policies from the eductive viewpoint
title_full_unstemmed	Macroeconomic and monetary policies from the eductive viewpoint
title_sort	macroeconomic and monetary policies from the eductive viewpoint
publisher	Banco Central de Chile
publishDate	2019
url	https://hdl.handle.net/20.500.12580/3750
work_keys_str_mv	AT guesnerieroger macroeconomicandmonetarypoliciesfromtheeductiveviewpoint
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Macroeconomic and monetary policies from the eductive viewpoint

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