Escaping Nash inflation
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More about this item
Keywordsadaptation; escape route; experimentation trap; large deviation; mean dynamics; natural rate of unemployment; self-confirming equilibrium;
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-MON-2000-08-26 (Monetary Economics)
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