Expectations Formation and Forward Information
收藏NBER2022-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29711
下载链接
链接失效反馈官方服务：
资源简介：
We propose a model where forecasters have access to noisy signals about the future (forward information). In this setting, information varies not only across agents but also across horizons. As a result, the estimated persistence of forecasts deviates from the persistence of fundamentals and the
提供机构：
美国国家经济研究局
创建时间：
2022-01-01
