Macroeconomic expectations, central bank communication, and background uncertainty: a COVID-19 laboratory experiment
<p>This paper explores the robustness of laboratory expectation formation and public signal credibility to external uncertainty shocks and online experimentation. We exploit the recent pandemic as a source of exogenous background uncertainty in a New Keynesian learning-to-forecast experiment (...
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2022
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