DP11729 A Behavioral New Keynesian Model

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Author(s): Xavier Gabaix
Publication Date: December 2016
Keyword(s): behavioral macroeconomics, bounded rationality, forward guidance, price level targetting, zero lower bound
JEL(s): D03, E03, E12, E52, E6, E62, E63, G02
Programme Areas: Monetary Economics and Fluctuations
Link to this Page: www.cepr.org/active/publications/discussion_papers/dp.php?dpno=11729