Noisy Business Cycles
收藏NBER2009-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w14982
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资源简介:
This paper investigates a real-business-cycle economy that features dispersed information about the underlying aggregate productivity shocks, taste shocks, and, potentially, shocks to monopoly power. We show how the dispersion of information can (i) contribute to significant inertia in the response
提供机构:
美国国家经济研究局
创建时间:
2009-05-01



