Decentralization, Communication, and the Origins of Fluctuations
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We consider a class of convex, competitive, neoclassical economies in which agents are rational; the equilibrium is unique; there is no room for randomization devices; and there are no shocks to preferences, technologies, endowments, or other fundamentals. In short, we rule out every known source of
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美国国家经济研究局创建时间：
2011-05-01
