Limits on information have deep economic impact and affects the conduct of economic policy. Simulations are carried out to show the possible appearance of endogenous and persistent fluctuations
Uncertainty and learning in stochastic macro models
VARIATO, Anna Maria Grazia;FERRI, Pietro Enrico
2010-01-01
Abstract
Limits on information have deep economic impact and affects the conduct of economic policy. Simulations are carried out to show the possible appearance of endogenous and persistent fluctuationsFile allegato/i alla scheda:
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