Корично изображение Електронен

Information rigidity and the expectations formation process a simple framework and new facts /

We propose a new approach to test the full-information rational expectations hypothesis which can identify whether rejections of the null arise from information rigidities. This approach quantifies the economic significance of departures from the null and the underlying degree of information rigidit...

Пълно описание

Основен автор: Coibion, Olivier.
Автор-организации: International Monetary Fund. Research Department.
Други автори: Gorodnichenko, Yuriy.
Формат: Електронен
Език: English
Публикувано: [Washington, D.C.] : International Monetary Fund, ℗♭2012.
Серия: IMF working paper ; WP/12/296.
Предмети:
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