The Rationality Bias
We analyze differences in consumption and wealth that arise because of different degrees of rationality of households. In particular, we use a standard New Keynesian model and let a certain fraction of households be fully rational while the other fraction possesses less cognitive ability. We identif...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Dokumenttyp: | Buch/Monographie Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
Bamberg
Bamberg Economic Research Group, Bamberg University
February 2019
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| Schriftenreihe: | BERG working paper series
no. 144 (February 2019) |
| In: |
BERG working paper series (no. 144 (February 2019))
|
| Schlagworte: | |
| Online-Zugang: | Resolving-System, kostenfrei, Volltext: http://hdl.handle.net/10419/193907 Verlag, kostenfrei, Volltext: https://www.uni-bamberg.de/fileadmin/uni/fakultaeten/sowi_faecher/vwl/BERG/BERG_144.pdf |
| Verfasserangaben: | Tim Hagenhoff and Joep Lustenhouwer |
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