Noisy business cycles /
This paper investigates a real-business-cycle economy that features dispersed information about the underlying aggregate productivity shocks, taste shocks, and - potentially - shocks to monopoly power. We show how the dispersion of information can (i) contribute to significant inertia in the respons...
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Format: | Book |
Language: | English |
Published: |
Cambridge, MA :
Massachusetts Institute of Technology, Dept. of Economics,
[2009]
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Series: | Working paper (Massachusetts Institute of Technology. Department of Economics) ;
no. 09-16 |
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Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Massachusetts Institute of Technology
Call Number: |
HB31.M415 no.09-16 |
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