Financial Markets and the Instability of General Equilibrium
Author
Abstract
Suggested Citation
DOI: 10.1007/s11293-009-9191-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Thomas J. Sargent, 2008.
"Evolution and Intelligent Design,"
American Economic Review, American Economic Association, vol. 98(1), pages 5-37, March.
- Thomas J Sargent, 2007. "Evolution and Intelligent Design," Levine's Bibliography 122247000000001821, UCLA Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Orphanides, Athanasios & Williams, John C., 2008.
"Learning, expectations formation, and the pitfalls of optimal control monetary policy,"
Journal of Monetary Economics, Elsevier, vol. 55(Supplemen), pages 80-96, October.
- Athanasios Orphanides & John C. Williams, 2008. "Learning, Expectations Formation, And The Pitfalls Of Optimal Control Monetary Policy," CAMA Working Papers 2008-17, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Athanasios Orphanides & John C. Williams, 2008. "Learning, Expectations Formation, and the Pitfalls of Optimal Control Monetary Policy," Working Papers 2008-3, Central Bank of Cyprus.
- Athanasios Orphanides & John C. Williams, 2008. "Learning, expectations formation and the pitfalls of optimal control monetary policy," Working Paper Series 2008-05, Federal Reserve Bank of San Francisco.
- William Branch & George Evans, 2011.
"Monetary policy and heterogeneous expectations,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 47(2), pages 365-393, June.
- Branch, William A. & Evans, George W., 2010. "Monetary Policy and Heterogeneous Expectations," SIRE Discussion Papers 2010-32, Scottish Institute for Research in Economics (SIRE).
- George W. Evans & William A.Branch, 2010. "Monetary Policy and Heterogeneous Expectations," University of Oregon Economics Department Working Papers 2010-4, University of Oregon Economics Department.
- Honkapohja, Seppo & Mitra, Kaushik, 2020.
"Price level targeting with evolving credibility,"
Journal of Monetary Economics, Elsevier, vol. 116(C), pages 88-103.
- Honkapohja, Seppo & Kaushik, Mitra, 2018. "Price level targeting with evolving credibility," Bank of Finland Research Discussion Papers 5/2018, Bank of Finland.
- Honkapohja, Seppo & Mitra, Kaushik, 2018. "Price Level Targeting with Evolving Credibility," CEPR Discussion Papers 12739, C.E.P.R. Discussion Papers.
- Tim Taylor & Richard Harrison, 2008.
"Misperceptions, heterogeneous expectations and macroeconomic dynamics,"
2008 Meeting Papers
710, Society for Economic Dynamics.
- Harrison, Richard & Taylor, Tim, 2012. "Misperceptions, heterogeneous expectations and macroeconomic dynamics," Bank of England working papers 449, Bank of England.
- Milan Zafirovski, 2022. "Some dilemmas of economic democracy: Indicators and empirical analysis," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 43(1), pages 252-302, February.
- Harjoat S. Bhamra & Raman Uppal, 2014.
"Asset Prices with Heterogeneity in Preferences and Beliefs,"
Review of Financial Studies, Society for Financial Studies, vol. 27(2), pages 519-580.
- Raman Uppal & Harjoat Bhamra, 2013. "Asset Prices with Heterogeneity in Preferences and Beliefs," 2013 Meeting Papers 1344, Society for Economic Dynamics.
- Uppal, Raman & Bhamra, Harjoat Singh, 2013. "Asset Prices with Heterogeneity in Preferences and Beliefs," CEPR Discussion Papers 9459, C.E.P.R. Discussion Papers.
- Adam, Klaus & Marcet, Albert, 2011.
"Internal rationality, imperfect market knowledge and asset prices,"
Journal of Economic Theory, Elsevier, vol. 146(3), pages 1224-1252, May.
- Adam, Klaus & Marcet, Albert, 2011. "Internal rationality, imperfect market knowledge and asset prices," LSE Research Online Documents on Economics 121722, London School of Economics and Political Science, LSE Library.
- Klaus Adam & Albert Marcet, 2011. "Internal Rationality, Imperfect Market Knowledge and Asset Prices," CEP Discussion Papers dp1068, Centre for Economic Performance, LSE.
- Athanasios Orphanides & John C. Williams, 2013.
"Monetary Policy Mistakes and the Evolution of Inflation Expectations,"
NBER Chapters, in: The Great Inflation: The Rebirth of Modern Central Banking, pages 255-288,
National Bureau of Economic Research, Inc.
- Athanasios Orphanides & John C. Williams, 2010. "Monetary policy mistakes and the evolution of inflation expectations," Working Paper Series 2010-12, Federal Reserve Bank of San Francisco.
- Athanasios Orphanides & John C. Williams, 2010. "Monetary Policy Mistakes and the Evolution of Inflation Expectations," Working Papers 2010-2, Central Bank of Cyprus.
- Athanasios Orphanides & John Williams, 2011. "Monetary Policy Mistakes and the Evolution of Inflation Expectations," NBER Working Papers 17080, National Bureau of Economic Research, Inc.
- Orphanides, Athanasios & Williams, John C, 2010. "Monetary Policy Mistakes and the Evolution of Inflation Expectations," CEPR Discussion Papers 7892, C.E.P.R. Discussion Papers.
- William Branch & Bruce McGough, 2011. "Business cycle amplification with heterogeneous expectations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 47(2), pages 395-421, June.
- Mark Gertler & Jordi Gali & Richard Clarida, 1999.
"The Science of Monetary Policy: A New Keynesian Perspective,"
Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1661-1707, December.
- Richard Clarida & Jordi Galí & Mark Gertler, 1997. "The science of monetary policy: A new Keynesian perspective," Economics Working Papers 356, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 1999.
- Richard Clarida & Jordi Gali & Mark Gertler, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," NBER Working Papers 7147, National Bureau of Economic Research, Inc.
- Clarida, Richard & Galí, Jordi & Gertler, Mark, 1999. "The Science of Monetary Policy: A New Keynesian Perspective," CEPR Discussion Papers 2139, C.E.P.R. Discussion Papers.
- Hommes, Cars, 2011.
"The heterogeneous expectations hypothesis: Some evidence from the lab,"
Journal of Economic Dynamics and Control, Elsevier, vol. 35(1), pages 1-24, January.
- Hommes, C.H., 2010. "The Heterogeneous Expectations Hypothesis: Some Evidence from the Lab," CeNDEF Working Papers 10-06, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Buss, Adrian & Dumas, Bernard & Uppal, Raman & Vilkov, Grigory, 2016.
"The intended and unintended consequences of financial-market regulations: A general-equilibrium analysis,"
Journal of Monetary Economics, Elsevier, vol. 81(C), pages 25-43.
- Buss, Adrian & Dumas, Bernard & Uppal, Raman & Vilkov, Grigory, 2016. "The intended and unintended consequences of financial-market regulations: A general equilibrium analysis," SAFE Working Paper Series 124, Leibniz Institute for Financial Research SAFE.
- Adrian Buss & Bernard Dumas & Raman Uppal & Grigory Vilkov, 2016. "The Intended and Unintended Consequences of Financial-Market Regulations: A General Equilibrium Analysis," Carlo Alberto Notebooks 449, Collegio Carlo Alberto.
- Pierpaolo Battigalli & Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Thomas Sargent, 2016. "A Framework for the Analysis of Self-Confirming Policies," Working Papers 573, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Evans, George W. & Honkapohja, Seppo, 2009.
"Expectations, deflation traps and macroeconomic policy,"
Bank of Finland Research Discussion Papers
24/2009, Bank of Finland.
- George W. Evans & Seppo Honkapohja, 2010. "Expectations, Deflation Traps and Macroeconomic Policy," University of Oregon Economics Department Working Papers 2010-5, University of Oregon Economics Department.
- Honkapohja, Seppo & Evans, George W., 2009. "Expectations, Deflation Traps and Macroeconomic Policy," CEPR Discussion Papers 7397, C.E.P.R. Discussion Papers.
- Seppo Honkapohja, 2016.
"Monetary policies to counter the zero interest rate: an overview of research,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 43(2), pages 235-256, May.
- Honkapohja, Seppo, 2015. "Monetary policies to counter the zero interest rate: an overview of research," Bank of Finland Research Discussion Papers 18/2015, Bank of Finland.
- Seppo Honkapohja & Arja H. Turunen‐Red & Alan D. Woodland, 2016.
"Growth, expectations and tariffs,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 49(4), pages 1441-1469, November.
- Seppo Honkapohja & Arja H. Turunen-Red & Alan D. Woodland, 2016. "Growth, expectations and tariffs," Canadian Journal of Economics, Canadian Economics Association, vol. 49(4), pages 1441-1469, November.
- Honkapohja, Seppo & Turunen-Red, Arja H. & Woodland, Alan D., 2011. "Growth, expectations and tariffs," Bank of Finland Research Discussion Papers 9/2011, Bank of Finland.
- Seppo Honkapohja & Arja H. Turunen-Red & Alan D. Woodland, 2011. "Growth, Expectations, and Tariffs," CESifo Working Paper Series 3435, CESifo.
- Evans, David & Evans, George W. & McGough, Bruce, 2022. "The RPEs of RBCs and other DSGEs," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
- Gilles Saint-Paul, 2013.
"Economic Science And Political Influence,"
Journal of the European Economic Association, European Economic Association, vol. 11(5), pages 1004-1031, October.
- Saint-Paul, Gilles, 2012. "Economic Science and Political Influence," CEPR Discussion Papers 9263, C.E.P.R. Discussion Papers.
- Gilles Saint-Paul, 2013. "Economic science and political influence," Post-Print halshs-01547288, HAL.
- Gilles Saint-Paul, 2013. "Economic science and political influence," PSE-Ecole d'économie de Paris (Postprint) halshs-01547288, HAL.
- Saint-Paul, Gilles, 2012. "Economic Science and Political Influence," IZA Discussion Papers 7120, Institute of Labor Economics (IZA).
- Gilles Saint-Paul, 2012. "Economic Science and Political Influence," Working Papers halshs-00759057, HAL.
- Gilles Saint-Paul, 2012. "Economic Science and Political Influence," PSE Working Papers halshs-00759057, HAL.
- Saint-Paul, Gilles, 2012. "Economic Science and Political Influence," TSE Working Papers 12-365, Toulouse School of Economics (TSE).
- Evans, George W. & Honkapohja, Seppo & Mitra, Kaushik, 2012.
"Fiscal Policy and Learning,"
CEPR Discussion Papers
8891, C.E.P.R. Discussion Papers.
- Mitra, Kaushik & Evans, George W. & Honkapohja, Seppo, 2012. "Fiscal policy and learning," Research Discussion Papers 5/2012, Bank of Finland.
- Mitra, Kaushik & Evans, George W. & Honkapohja, Seppo, 2012. "Fiscal Policy and Learning," SIRE Discussion Papers 2012-10, Scottish Institute for Research in Economics (SIRE).
More about this item
Keywords
General equilibrium; Financial markets; Disturbances; E12; E13; G10;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:atlecj:v:37:y:2009:i:4:p:327-333. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.