| Author | : Paul De Grauwe |
| File Size | : 44,9 Mb |
| Publisher | : Princeton University Press |
| Language | : English |
| Release Date | : 14 October 2012 |
| ISBN | : 9780691147390 |
| Pages | : 152 pages |
Lectures on Behavioral Macroeconomics by Paul De Grauwe Book PDF Summary
6.2 Introducing Asset Prices in the Behavioral Model -- 6.3 Simulating the Model -- 6.4 Should the Central Bank Care about Stock Prices? -- 6.5 Inflation Targeting and Macroeconomic Stability -- 6.6 The Trade-off between Output and Inflation Variability -- 6.7 Conclusion -- 7 Extensions of the Basic Model -- 7.1 Fundamentalists Are Biased -- 7.2 Shocks and Trade-offs -- 7.3 Further Extensions of the Basic Model -- 7.4 Conclusion -- 8 Empirical Issues -- 8.1 Introduction -- 8.2 The Correlation of Output Movements and Animal Spirits -- 8.3 Model Predictions: Higher Moments -- 8.4 Transmission of Monetary Policy Shocks -- 8.5 Conclusion -- References -- Index
