Macroeconomic consequences of optimal information acquisition
This thesis considers the extension of the ‘sticky information’ concept of Mankiw and Reis (2002), by which agents form expectations rationally conditional on out-of-date information, with new information arriving probabilistically, to models where the probability of receiving new information is a c...
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University of York
2013
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.605326 |