DIVERGENT EXPECTATIONS AND THE DYNAMIC STABILITY OF SOME SIMPLE MACRO ECONOMIC-MODELS

被引:5
作者
PEEL, DA
METCALFE, JS
机构
关键词
D O I
10.2307/2231499
中图分类号
F [经济];
学科分类号
02 ;
摘要
In the 5 models considered, 3 sets of agents (financiers, firms and workers) and 2 basic ways they may each form price expectation (adaptively and rationally) are combined. These models are then examined for stability and for the impacts of monetary policy.- V.Mead
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页码:789 / 798
页数:10
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