Helsinki GSE Discussion Papers

The Helsinki GSE Discussion Paper series is available on EconStor. EconStor is an open access server that provides a platform for the free distribution of academic literature in economics.

Helsinki GSE Discussion Papers

Showing 3 publications

  • Adaptive Learning
  • Entry/Exit Dynamics
  • Discrimination
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  • Entry and exit

    Klaus Kultti and Eemil Ylä-Nikkilä

    We turn the zero-profit condition that is typically used to determine the number of firms into a game of entry/exit. We assume that identical firms compete in Cournot fashion, and when market …

    Discussion paper

  • On Robustness of Average Inflation Targeting

    Seppo Honkapohja, Nigel McClung

    This paper considers average inflation targeting (AIT) policy in a New Keynesian model with adaptive learning agents. Our analysis raises concerns regarding robustness of AIT when agents have …

    Discussion paper