Sentiments and Aggregate Demand Fluctuations
收藏NBER2012-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18413
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资源简介：
We formalize the Keynesian insight that aggregate demand driven by sentiments can generate output fluctuations under rational expectations. When production decisions must be made under imperfect information about demand, optimal decisions based on sentiments can generate stochastic self-fulfilling
提供机构：
美国国家经济研究局
创建时间：
2012-09-01
