Browsing by Author "Prokhovnik, Nick"

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Browsing by Author "Prokhovnik, Nick"

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  • Henckel, T; Menzies, Gordon; Prokhovnik, Nick; Zizzo, Daniel (Elsevier Inc, 2011)
    We incorporate inferential expectations into the Barro?Gordon model (Barro and Gordon, 1983a) of time inconsistency and consider reputational equilibria. The range of sustainable equilibria shrinks as the private sector ...