This paper provides a general framework for analyzing self-confirming policies. We study self-confirming equilibria in recurrent decision problems with incomplete information about the true stochastic model. We characterize stationary monetary policies in a linear-quadratic setting.
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http://www.ncbi.nlm.nih.gov/pmc/articles/PMC8995299 | PMC |
http://dx.doi.org/10.1007/s11238-021-09862-9 | DOI Listing |
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