Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts
收藏NBER2010-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16537
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资源简介：
We propose a new approach to test of the null of full-information rational expectations which is informative about whether rejections of the null reflect departures from rationality or full-information. This approach can also quantify the economic significance of departures from the null by mapping
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美国国家经济研究局创建时间：
2010-11-01
