| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6203 |
| DP6203 The Race for Telecoms Infrastructure Investment with Bypass: Can Access Regulation Achieve the First-best? | |
| Steffen Hoernig; João Miguel Bastos Vareda | |
| 发表日期 | 2007-03-23 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | We consider the impact of anticipated policy changes when agents form expectations using adaptive learning rather than rational expectations. To model this we assume that agents combine limited structural knowledge with a standard adaptive learning rule. We analyze these issues using two well-known set-ups, an endowment economy and the Ramsey model. In our set-up there are important deviations from both rational expectations and purely adaptive learning. Our approach could be applied to many macroeconomic frameworks. |
| 主题 | International Macroeconomics |
| 关键词 | Expectations Ramsey model Taxation |
| URL | https://cepr.org/publications/dp6203 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535039 |
| 推荐引用方式 GB/T 7714 | Steffen Hoernig,João Miguel Bastos Vareda. DP6203 The Race for Telecoms Infrastructure Investment with Bypass: Can Access Regulation Achieve the First-best?. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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