Lectures on Behavioral Macroeconomics
Download or Read eBook Lectures on Behavioral Macroeconomics PDF written by Paul De Grauwe and published by Princeton University Press. This book was released on 2012-10-14 with total page 152 pages. Available in PDF, EPUB and Kindle.
| Author | : Paul De Grauwe |
| Publisher | : Princeton University Press |
| Total Pages | : 152 |
| Release | : 2012-10-14 |
| ISBN-10 | : 9780691147390 |
| ISBN-13 | : 0691147396 |
| Rating | : 4/5 (90 Downloads) |
Book Synopsis Lectures on Behavioral Macroeconomics by : Paul De Grauwe
Book excerpt: 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
