Macroeconomic Policy, Evolution, and Self-Confirming Equilibrium

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dc.contributor.author SARGENT, Thomas J.
dc.date.accessioned 2008-07-15T14:00:46Z
dc.date.available 2008-07-15T14:00:46Z
dc.date.issued 2008
dc.identifier.issn 1830-7736
dc.identifier.uri http://hdl.handle.net/1814/9028
dc.description.abstract This paper uses policy disputes about centuries of experience with commodity money systems and US monetary policy in the 1970s and 1980s to illustrate macroeconomists' enduring struggles with Hume's induction problem and their connection to selfconfirming equilibria en
dc.language.iso en en
dc.relation.ispartofseries EUI MWP LS en
dc.relation.ispartofseries 2008/08 en
dc.subject Induction en
dc.subject misspecification en
dc.subject self-confirming equilibrium en
dc.subject adaptation en
dc.subject inflation en
dc.subject Pareto en
dc.subject problem en
dc.title Macroeconomic Policy, Evolution, and Self-Confirming Equilibrium en
dc.type Other en


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