Economic Fluctuations and Pseudo-Wealth
收藏NBER2021-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28415
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资源简介：
What can explain the large changes in aggregate demand that occur in the absence of any seemingly corresponding shock to the underlying state variables of the economy? We show that macroeconomic volatility can arise from dispersions of beliefs among agents. These dispersions give rise to bets and
提供机构：
美国国家经济研究局
创建时间：
2021-02-01
