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Imperfect Information and Aggregate Supply

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NBER2010-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15773
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This paper surveys the research in the past decade on imperfect information models of aggregate supply and the Phillips curve. This new work has emphasized that information is dispersed and disseminates slowly across a population of agents who strategically interact in their use of information. We
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2010-02-01
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