메뉴 건너뛰기




Volumn 5, Issue 2, 2001, Pages 148-174

Global stability of inflation target policies with adaptive agents

Author keywords

Adaptive expectations; Global dynamics; Inflation targeting; Stability

Indexed keywords


EID: 0035609678     PISSN: 13651005     EISSN: None     Source Type: Journal    
DOI: 10.1017/S1365100501019022     Document Type: Article
Times cited : (9)

References (44)
  • 7
    • 0001288049 scopus 로고    scopus 로고
    • A rational route to randomness
    • Brock, W.A. & C. Hommes (1997) A rational route to randomness. Econometrica 65, 1059-1095.
    • (1997) Econometrica , vol.65 , pp. 1059-1095
    • Brock, W.A.1    Hommes, C.2
  • 9
    • 0040732300 scopus 로고
    • The monetary dynamics of hyerinflation
    • M. Friedman (ed.), Chicago: University of Chicago Press
    • Cagan, P. (1956) The monetary dynamics of hyerinflation. In M. Friedman (ed.), Studies in the Quantity Theory of Money. Chicago: University of Chicago Press.
    • (1956) Studies in the Quantity Theory of Money
    • Cagan, P.1
  • 15
    • 0035530151 scopus 로고    scopus 로고
    • Convergence in monetary inflation models with heterogeneous learning rules
    • Evans, G.W., S. Honkapohja & R. Marimon (2001) Convergence in monetary inflation models with heterogeneous learning rules. Macroeconomic Dynamics 5, 1-31.
    • (2001) Macroeconomic Dynamics , vol.5 , pp. 1-31
    • Evans, G.W.1    Honkapohja, S.2    Marimon, R.3
  • 17
    • 0038954199 scopus 로고    scopus 로고
    • Symposium proceedings. Jackson Hole, WY: FRB Kansas City
    • Federal Reserve Bank of Kansas City (1996) Achieving Price Stability. Symposium proceedings. Jackson Hole, WY: FRB Kansas City.
    • (1996) Achieving Price Stability
  • 18
    • 0000418865 scopus 로고
    • A monetary and fiscal framework for economic stability
    • Friedman, M. (1948) A monetary and fiscal framework for economic stability. American Economic Review 38, 245-264.
    • (1948) American Economic Review , vol.38 , pp. 245-264
    • Friedman, M.1
  • 22
    • 0012349493 scopus 로고
    • Crises, sudden changes in chaotic attractors, and transient chaos
    • Grebogi, C., E. Ott & J.A. Yorke (1983) Crises, sudden changes in chaotic attractors, and transient chaos. Physica 7D, 181-200.
    • (1983) Physica , vol.7 D , pp. 181-200
    • Grebogi, C.1    Ott, E.2    Yorke, J.A.3
  • 28
    • 0000834625 scopus 로고
    • Least squares learning and the dynamics of hyperinflation
    • W.A. Barnett, J. Geweke, & K. Shell (eds.), Cambridge, UK: Cambridge University Press
    • Marcet A. & T.J. Sargent (1989a) Least squares learning and the dynamics of hyperinflation. In W.A. Barnett, J. Geweke, & K. Shell (eds.), Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity. Cambridge, UK: Cambridge University Press.
    • (1989) Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity
    • Marcet, A.1    Sargent, T.J.2
  • 29
    • 84934453152 scopus 로고
    • Convergence of least-squares learning in environments with hidden state variables and private information
    • Marcet A. & T.J. Sargent (1989b) Convergence of least-squares learning in environments with hidden state variables and private information. Journal of Political Economy 97, 1306-1322.
    • (1989) Journal of Political Economy , vol.97 , pp. 1306-1322
    • Marcet, A.1    Sargent, T.J.2
  • 30
    • 0000838016 scopus 로고    scopus 로고
    • Learning from learning in economics
    • D.M. Kreps & K.F. Wallis (eds.), Cambridge, UK: Cambridge University Press
    • Marimon, R. (1997) Learning from learning in economics. In D.M. Kreps & K.F. Wallis (eds.), Advances in Economics and Econometrics: Theory and Applications, Vol. I. Cambridge, UK: Cambridge University Press.
    • (1997) Advances in Economics and Econometrics: Theory and Applications , vol.1
    • Marimon, R.1
  • 31
    • 0002266179 scopus 로고
    • On adaptive learning in strategic games
    • A. Kirman & M. Salmon (eds.), Oxford: Blackwell Publ.
    • Marimon, R. & E. McGrattan (1994) On adaptive learning in strategic games. In A. Kirman & M. Salmon (eds.), Learning and Rationality in Economics. Oxford: Blackwell Publ.
    • (1994) Learning and Rationality in Economics
    • Marimon, R.1    McGrattan, E.2
  • 32
    • 0000397201 scopus 로고
    • Indeterminacy of equilibria in a hyperinflation world: Experimental evidence
    • Marimon, R. & S. Sunder (1993) Indeterminacy of equilibria in a hyperinflation world: experimental evidence. Econometrica 61, 1073-1107.
    • (1993) Econometrica , vol.61 , pp. 1073-1107
    • Marimon, R.1    Sunder, S.2
  • 33
    • 13644275592 scopus 로고
    • Expectations and learning under alternative monetary regimes: An experimental approach
    • Marimon, R. & S. Sunder (1994) Expectations and learning under alternative monetary regimes: An experimental approach. Economic Theory 4, 131-162.
    • (1994) Economic Theory , vol.4 , pp. 131-162
    • Marimon, R.1    Sunder, S.2
  • 34
    • 58149210256 scopus 로고
    • Does a constant money growth rule help stabilize inflation? Experimental evidence
    • Marimon, R. & S. Sunder (1995) Does a constant money growth rule help stabilize inflation? Experimental evidence. Carnegie-Rochester Conference Series on Public Policy 43, 111-156.
    • (1995) Carnegie-Rochester Conference Series on Public Policy , vol.43 , pp. 111-156
    • Marimon, R.1    Sunder, S.2
  • 39
    • 0002157895 scopus 로고
    • Inflation and the government budget constraint
    • A. Razin & E. Sadka (eds.), New York: Macmillan
    • Sargent, T.S. & N. Wallace (1987) Inflation and the government budget constraint. In A. Razin & E. Sadka (eds.), Economic Policy in Theory and Practice. New York: Macmillan.
    • (1987) Economic Policy in Theory and Practice
    • Sargent, T.S.1    Wallace, N.2
  • 40
    • 0000529574 scopus 로고    scopus 로고
    • Inflation forecast targeting: Implementing and monitoring inflation
    • Svensson, L.E.O. (1997) Inflation forecast targeting: Implementing and monitoring inflation. European Economic Review 41, 1111-1146.
    • (1997) European Economic Review , vol.41 , pp. 1111-1146
    • Svensson, L.E.O.1
  • 42
    • 0003476137 scopus 로고    scopus 로고
    • Chicago: University of Chicago Press
    • Taylor, J.B. (ed.) (1999) Monetary Policy Rules. Chicago: University of Chicago Press.
    • (1999) Monetary Policy Rules
    • Taylor, J.B.1
  • 43
    • 0002986760 scopus 로고
    • Nonstandard indicators of moneatry policy: Can their usefulness be judged from forecasting regressions?
    • G.N. Mankiw (ed.), Chicago: University of Chicago Press
    • Woodford, M. (1994) Nonstandard indicators of moneatry policy: Can their usefulness be judged from forecasting regressions? In G.N. Mankiw (ed.), Monetary Policy. Chicago: University of Chicago Press.
    • (1994) Monetary Policy
    • Woodford, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.