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      Title:Do expectations matter? : the great moderation revisited Author(s):CANOVA, FabioEUI affiliated; GAMBETTI, LucaDate:2010Citation: American economic journal : macroeconomics, 2010, Vol. 2, No. 3, pp. 183-205 Type:ArticleAbstract:We examine the role of expectations in the Great Moderation episode. We derive theoretical restrictions in a New-Keynesian model and test them using measures of expectations obtained from survey data, the Greenbook and ...

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      European University Institute  - Badia Fiesolana - Via dei Roccettini 9, I-50014 San Domenico di Fiesole (FI) - Italy
       

       

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      Author
      CANOVA, Fabio (1)
      GAMBETTI, Luca (1)Subject
      E23 (1)
      E24 (1)E31 (1)
      E32 (1)
      ... View MoreTypeArticle (1)Date Issued2010 (1)

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      European University Institute  - Badia Fiesolana - Via dei Roccettini 9, I-50014 San Domenico di Fiesole (FI) - Italy