Zobrazeno 1 - 3
of 3
pro vyhledávání: '"Thanhson Pham"'
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::cf2d71b5a83dad10576abf4c6d5c05e3
https://doi.org/10.2139/ssrn.3977552
https://doi.org/10.2139/ssrn.3977552
Autor:
Thanhson Pham
Publikováno v:
SSRN Electronic Journal.
This paper examines the conduct of optimal monetary and macro-prudential mandates in a behavioural bounded rationality framework with a financial friction in form of the collateral constraint. A mandate framework is designed where each macroeconomic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::18101f110ff9e4c652f1706359b398df
https://doi.org/10.2139/ssrn.3764483
https://doi.org/10.2139/ssrn.3764483
Autor:
Thanhson Pham
Publikováno v:
SSRN Electronic Journal.
In this paper, we extend the basic ‘workhorse’ New Keynesian model by relaxing the rationality assumption in favor of bounded rationality. We broadly follow (Gabaix, 2020) whereby agents are unable to anticipate macroeconomic developments perfect
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c785bf2edcc1e96e24735cd264ff3998
https://doi.org/10.2139/ssrn.3764479
https://doi.org/10.2139/ssrn.3764479