E-Dissertationen: Browsing E-Dissertationen by Author "Linnemann, Ludger"
Now showing items 1-4 of 4
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Essays on Adaptive Learning with Applications to Monetary Policy
Fries, Oliver (2008)<p>While the concept of rational expectations has become the standard tool of modellingexpectations in macroeconomic models, it has been criticised for its high information and rationality requirements. Moreover, rational ... -
Essays on International Policy Coordination in Interdependent Economies
Evers, Michael (2007)Throughout the last couple of decades the world has experienced a strong and steady increase in the economic interdependence among national economies. Accordingly, national monetary and fiscal policies are also subject to ... -
Essays on Macroeconomic Consequences of Financial Frictions
Zhang, Haiping (2006)Considerable empirical evidence has demonstrated strong linkages between the financial sector and the real production sector of an economy. A huge theoretical literature has emerged since 1970s for the understanding of ... -
Learning in Macroeconomics: An Empirical Approach
Junker, Simon (2009-04-23)This thesis explores the role of adaptive learning in explaining empirical phenomena such as the Great Inflation. We show that the historic monetary policy deviated from the optimally recommended policy under learning. ...