2-1 Naka
Kunitachi, Tokyo 186-8603
Japan
Hitotsubashi University - Institute of Economic Research
Higher-order beliefs, Incomplete information, Business cycles
Higher-order expectations, dynamic complementarity, general equilibrium
Stagnation, Low inflation, Unconventional monetary policy
Economic Growth, Secular Stagnation, Technology Stagnation, Relative Investment Price, Equipment
JEL Classification: E31, E52, E62