Private Sunspots and Idiosyncratic Investor Sentiment
收藏NBER2008-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w14015
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资源简介:
This paper shows how rational investors can have different degrees of optimism regarding the prospects of the economy, even if they share exactly the same information regarding all economic fundamentals. The key is that heterogeneity in expectations regarding endogenous outcomes can emerge as a
提供机构:
美国国家经济研究局
创建时间:
2008-05-01



