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 response...
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| Format: | Book |
| Language: | English |
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Cambridge, Mass. :
National Bureau of Economic Research,
c2009
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| Series: | Working paper series (National Bureau of Economic Research) ;
working paper no. 14982 |
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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: |
H11.N27534 no.14982 |
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