نتایج جستجو برای: stagnation
تعداد نتایج: 4515 فیلتر نتایج به سال:
2010
George W. Evans
In Evans, Guse, and Honkapohja (2008) the intended steady state is locally but not globally stable under adaptive learning, and unstable deflationary paths can arise after large pessimistic shocks to expectations. In the current paper a modified model is presented that includes a locally stable stagnation regime as a possible outcome arising from large expectation shocks. Policy implications ar...
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