نتایج جستجو برای: irrational perception
تعداد نتایج: 177143 فیلتر نتایج به سال:
Journal:
:Journal of the National Science Foundation of Sri Lanka
2020
2004
James Bullard
George W. Evans
Seppo Honkapohja
We study how the use of judgement or “add-factors” in macroeconomic forecasting may disturb the set of equilibrium outcomes when agents learn using recursive methods. We isolate conditions under which new phenomena, which we call exuberance equilibria, can exist in standard macroeconomic environments. Examples include a simple asset pricing model and the New Keynesian monetary policy framework....
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:Transactions of the American Mathematical Society, Series B
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