Results 191 to 200 of about 50,441 (229)
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Fiscal and Monetary Policy Interactions in a Model with Low Interest Rates

American Economic Journal: Macroeconomics
We provide a new Keynesian model where entrepreneurs face uninsurable idiosyncratic investment risk and credit constraints. Government bonds provide liquidity services.
Jianjun Miao, Dongling Su
semanticscholar   +1 more source

A Unified Model of Learning to Forecast

American Economic Journal: Macroeconomics
We propose a model of boundedly rational and heterogeneous expectations that unifies adaptive learning, k-level reasoning, and replicator dynamics. Level-0 forecasts evolve over time via adaptive learning. Agents revise over time their depth of reasoning
George W. Evans   +2 more
semanticscholar   +1 more source

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