Learning from Prices: Public Communication and Welfare
收藏NBER2008-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14255
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资源简介：
We study the effect of releasing public information about productivity or monetary shocks when agents learn from nominal prices. While public releases have the benefit of providing new information, they can have the cost of reducing the informational efficiency of the price system. We show that,
提供机构：
美国国家经济研究局
创建时间：
2008-08-01
