Anticipations, Recessions and Policy: An Intertemporal Disequilibrium Model
收藏NBER1982-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0971
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资源简介:
This paper presents an intertemporal disequilibrium model with rational expectations, i.e. a model in which agents anticipate the future rationally, but in which prices and wages may not adjust fast enough to maintain continuous market clearing. Therefore, optimizing firms and households base their
提供机构:
美国国家经济研究局
创建时间:
1982-08-01



