-term contracts sacrificing managerial selection may be optimal at early stages of economic development and when access to information …

information is endogenous, and jointly determined with policy opinions. We therefore estimate a causal effect of information, with … effect of better information on the willingness to accept reforms that reduce the generosity of the pension system. Finally … we do not find that exposure to media coverage of pension issues significantly improves information, possibly because …

that affects corporations’ cash holdings. Leaning on the literature on stock price feedback to firm fundamentals, we …

-based incentives elicit not only productive effort, but also costly information manipulation. We analyze the tradeoffs involved in …

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 discuss the foundations on which models of aggregate supply rest, as well as …