Abstract We study the problem of identifying policy space available to an agent in a learning process, having access set demonstrations generated by playing optimal considered space. introduce approach based on frequentist statistical testing identify parameters that can control, within larger parametric After presenting two identification rules (combinatorial and simplified), applicable under ...

In this chapter, the authors ask two questions: (i) Is conduct of monetary policy stable across time and similar major economies? (ii) Do decisions central banks have international spillover effects? To address these questions, build on recent semi-parametric advances in time-varying parameter models that allow us to increase vector autoregressive () dimension jointly model three advanced econo...