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    • Anticipated Fiscal Policy and Adaptive Learning 

      Evans, George W., 1949-; Honkapohja, Seppo, 1951-; Mitra, Kaushik (University of Oregon, Dept of Economics, 2007-02-18)
      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 ...