Expectations, Learning and Business Cycle Fluctuations
收藏NBER2008-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14181
下载链接
链接失效反馈官方服务：
资源简介：
This paper develops a theory of expectations-driven business cycles based on learning. Agents have incomplete knowledge about how market prices are determined and shifts in expectations of future prices affect dynamics. In a real business cycle model, the theoretical framework amplifies and
提供机构：
美国国家经济研究局
创建时间：
2008-07-01
