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Bank of Canada RSS Feedsen2024-03-29T15:54:45+00:00Social Learning and Monetary Policy at the Effective Lower Bound
https://www.bankofcanada.ca/2020/01/staff-working-paper-2020-2/
This research develops a model in which the economy is directly influenced by how pessimistic or optimistic economic agents are about the future. The agents may hold different views and update them as new economic data become available.2020-01-28T09:51:19+00:00enSocial Learning and Monetary Policy at the Effective Lower Bound2020-01-28Business fluctuations and cyclesCentral bank researchCredibilityEconomic modelsMonetary policyMonetary policy communicationsStaff Working Paper 2020-2https://www.bankofcanada.ca/wp-content/uploads/2020/01/swp2020-2.pdfSocial Learning and Monetary Policy at the Effective Lower BoundJasmina ArifovicAlex GrimaudIsabelle SalleGauthier VermandelJanuary 2020CC8C82EE3E32E5E52