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Strategic Inattention, Inflation Dynamics, and the Non-Neutrality of Money

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NBER2023-10-01 更新2025-01-04 收录
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This paper studies how competition affects firms expectations in a new dynamic general equilibrium model with rational inattention and oligopolistic competition where firms acquire information about their competitors beliefs. In the model, firms with fewer competitors are less attentive to aggregate

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2023-10-01
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