Przeglądaj według autora "Galiński, Paweł"
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Monetary and fiscal policy in a two-country model with behavioral expectations
Brzoza-Brzezina, Michał; Galiński, Paweł; Makarski, Krzysztof (2025-03)We check how monetary and fiscal policies (in particular their open-economy dimensions) are affected by expectations being behavioral in the spirit of Gabaix (2020). We first show that the data strongly favor this setting ...