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INTEREST RATE RULES AND MACROECONOMIC STABILITY UNDER HETEROGENEOUS EXPECTATIONS
16 references·16 citing·30 second hopsampled
INTEREST RATE RULES AND MACROECONOMIC STABILITY UNDER HETEROGENEOUS EXPECTATIONS (2012)INTEREST RATE RULES AND MACROECONOMIC STA…INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…Heterogeneous Agent Models in Economics and Finance (2005)Heterogeneous Agent Models in…Interest and Prices (2004)Interest and PricesMacroeconomic Expectations of Households and Professional Forecasters (2003)Macroeconomic Expectations of…Interest and prices : foundations of a theory of monetary policy (2003)Interest and prices : foundat…Disagreement about Inflation Expectations (2003)Disagreement about Inflation …Learning about monetary policy rules (2002)Learning about monetary polic…Learning and Expectations in Macroeconomics (2001)Learning and Expectations in …Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Rules and Mac…The Conquest of American Inflation (1999)The Conquest of American Infl…The Conquest of American Inflation (1999)The Conquest of American Infl…Handbook of computational economics (1998)Handbook of computational eco…A Rational Route to Randomness (1997)A Rational Route to RandomnessThe Role of Monetary Policy (1995)The Role of Monetary PolicyDiscretion versus policy rules in practice (1993)Discretion versus policy rule…Agent-based Computational Finance (1989)Agent-based Computational Fin…More Is Different … and Complex!: The Case for Agent-Based Macroeconomics (2019)More Is Different … and Compl…Monetary policy under behavioral expectations: Theory and experiment (2019)Monetary policy under behavio…Managing self-organization of expectations through monetary policy: A macro experiment (2019)Managing self-organization of…Inflation targeting and liquidity traps under endogenous credibility (2019)Inflation targeting and liqui…Empirical Validation of Agent-Based Models ✶ ✶We gratefully acknowledge the very detailed and careful comments by three anonymous reviewers. Very useful feedback and comments have also been provided by Robert Axtell, Herbert Dawid, Cees Diks, and Blake LeBaron. (2018)Empirical Validation of Agent…Agent-Based Macroeconomics ✶ ✶The authors are grateful for helpful comments and suggestions from Tiziana Assenza, Jean-Philippe Bouchaud, Silvano Cincotti, Giovanni Dosi, Giorgio Fagiolo, Edoardo Gaffeo, Mauro Gallegati, Gavin Goy, Philipp Harting, Cars Hommes, Sander van der Hoog, Peter Howitt, Blake LeBaron, Marco Raberto, Andrea Roventini, Alberto Russo, and Isabelle Salle. (2018)Agent-Based Macroeconomics ✶ …TAKING STOCK: A RIGOROUS MODELLING OF ANIMAL SPIRITS IN MACROECONOMICS (2017)TAKING STOCK: A RIGOROUS MODE…Behavioral Heterogeneity in U.S. Inflation Dynamics (2017)Behavioral Heterogeneity in U…Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead (2016)Macroeconomic Policy in DSGE …DOES INFLATION TARGETING MATTER? AN EXPERIMENTAL INVESTIGATION (2016)DOES INFLATION TARGETING MATT…Agent based-stock flow consistent macroeconomics: Towards a benchmark model (2016)Agent based-stock flow consis…Individual Expectations and Aggregate Macro Behavior (2013)Individual Expectations and A…Heterogeneous Expectations in Monetary DSGE Models (2012)Heterogeneous Expectations in…Top-Down versus Bottom-Up Macroeconomics (2010)Top-Down versus Bottom-Up Mac…Dynamic predictor selection in a new Keynesian model with heterogeneous expectations (2010)Dynamic predictor selection i…Complex agent-based macroeconomics: a manifesto for a new paradigm (2010)Complex agent-based macroecon…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Taylor Rule and Optimal Monetary Policy (2001)Testing for Indeterminacy: An Application to U.S. Monetary Policy (2004)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment (1937)Staggered Prices in a Utility-Maximizing Framework (1996)Experimenter demand effects in economic experiments (2009)What Can Survey Forecasts Tell Us about Information Rigidities? (2012)Learning from Inflation Experiences * (2015)Rules, discretion and reputation in a model of monetary policy (1983)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Econometric policy evaluation: A critique (1976)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Aggregate Dynamics and Staggered Contracts (1980)Optimal monetary policy with staggered wage and price contracts (2000)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)A model of unconventional monetary policy (2010)Inflation dynamics: A structural econometric analysis (1999)A Quartet of Semigroups for Model Specification, Robustness, Prices of Risk, and Model Detection (2003)Chapter 23 Heterogeneous Agent Models in Economics and Finance (2006)Heterogeneous beliefs and routes to chaos in a simple asset pricing model (1998)Scaling and criticality in a stochastic multi-agent model of a financial market (1999)Real Wage Rigidities and the New Keynesian Model (2007)U.S. Monetary Policy and the Global Financial Cycle (2020)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Measuring Economic Policy Uncertainty* (2016)
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1995The Role of Monetary Policy3,796 cited
  • 2004Interest and Prices2,583 cited
  • 2001Learning and Expectations in Macroeconomics2,079 cited
  • 1997A Rational Route to Randomness1,724 cited
  • 2003Interest and prices : foundations of a theory of monetary policy1,275 cited
  • 2003Macroeconomic Expectations of Households and Professional Forecasters1,170 cited
  • 2002Learning about monetary policy rules932 cited
  • 2003Disagreement about Inflation Expectations765 cited
  • 1999The Conquest of American Inflation757 cited
  • 2005Heterogeneous Agent Models in Economics and Finance745 cited
  • 1989Agent-based Computational Finance693 cited
  • 1999The Conquest of American Inflation653 cited
  • 1998Handbook of computational economics600 cited

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Cited by

  • 2016Agent based-stock flow consistent macroeconomics: Towards a benchmark model339 cited
  • 2016Macroeconomic Policy in DSGE and Agent-Based Models Redux: New Developments and Challenges Ahead274 cited
  • 2019More Is Different … and Complex!: The Case for Agent-Based Macroeconomics222 cited
  • 2012Heterogeneous Expectations in Monetary DSGE Models137 cited
  • 2010Top-Down versus Bottom-Up Macroeconomics132 cited
  • 2010Dynamic predictor selection in a new Keynesian model with heterogeneous expectations120 cited
  • 2018Agent-Based Macroeconomics ✶ ✶The authors are grateful for helpful comments and suggestions from Tiziana Assenza, Jean-Philippe Bouchaud, Silvano Cincotti, Giovanni Dosi, Giorgio Fagiolo, Edoardo Gaffeo, Mauro Gallegati, Gavin Goy, Philipp Harting, Cars Hommes, Sander van der Hoog, Peter Howitt, Blake LeBaron, Marco Raberto, Andrea Roventini, Alberto Russo, and Isabelle Salle.117 cited
  • 2010Complex agent-based macroeconomics: a manifesto for a new paradigm106 cited
  • 2019Managing self-organization of expectations through monetary policy: A macro experiment105 cited
  • 2019Monetary policy under behavioral expectations: Theory and experiment86 cited
  • 2017Behavioral Heterogeneity in U.S. Inflation Dynamics84 cited
  • 2013Individual Expectations and Aggregate Macro Behavior84 cited
  • 2019Inflation targeting and liquidity traps under endogenous credibility77 cited
  • 2018Empirical Validation of Agent-Based Models ✶ ✶We gratefully acknowledge the very detailed and careful comments by three anonymous reviewers. Very useful feedback and comments have also been provided by Robert Axtell, Herbert Dawid, Cees Diks, and Blake LeBaron.63 cited
  • 2017TAKING STOCK: A RIGOROUS MODELLING OF ANIMAL SPIRITS IN MACROECONOMICS60 cited
  • 2016DOES INFLATION TARGETING MATTER? AN EXPERIMENTAL INVESTIGATION54 cited