Incomplete Information in Macroeconomics: Accommodating Frictions in Coordination
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https://www.nber.org/papers/w22297
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资源简介：
This chapter studies how incomplete information helps accommodate frictions in coordination, leading to novel insights on the joint determination of expectations and macroeconomic outcomes. We review and synthesize recent work on global games, beauty contests, and their applications. We elaborate on
提供机构：
美国国家经济研究局
创建时间：
2016-06-01
