Muth's Hypothesis Under Knightian Uncertainty: A Novel Account of Inflation Forecasts
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DOI: 10.36687/inetwp194
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More about this item
Keywords
Expectations; Structural Shifts; Unforeseeable Change; Knightian Uncertainty; Muth's Hypothesis.;All these keywords.
JEL classification:
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MON-2023-03-20 (Monetary Economics)
- NEP-UPT-2023-03-20 (Utility Models and Prospect Theory)
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