Effects of Inflation Expectations on Macroeconomic Dynamics: Extrapolative Versus Regressive Expectations
Work
Year: 2012
Type: article
Abstract: In this paper, we integrate heterogeneous inflation expectations into a simple monetary model. Guided by empirical evidence, we assume that boundedly rational agents, selecting between extrapolative a... more
Authors Marji Lines, Frank Westerhoff
Cites: 56
Cited by: 7
Related to: 10
FWCI: 1.136
Citation percentile (by year/subfield): 83.24
Subfield: Economics and Econometrics
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: green