Showing 1 - 5 of 5
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010699628
coordination motives and strategic interactions in information acquisition. The players make decisions in two stages. They decide … the degree of coordination in actions is sufficiently high, then the strategic interaction in the information choice does … not have the same coordination motives as the action choice. Consequently, heterogeneous beliefs can be sustained …
Persistent link: https://www.econbiz.de/10010735060
This paper investigates empirically the relationship between inflation, inflation volatility and output growth in the case of México using monthly data over the period 1993-2011. Specifically a bivariate GARCH-M model is estimated to test the hypotheses that inflation rates are directly related...
Persistent link: https://www.econbiz.de/10010685978
coordination motives and strategic interactions in information acquisition. The players make decisions in two stages. They decide … the degree of coordination in actions is sufficiently high, then the strategic interaction in the information choice does … not have the same coordination motives as the action choice. Consequently, heterogeneous beliefs can be sustained …
Persistent link: https://www.econbiz.de/10010687832
This paper develops a model of costly information acquisition by agents who are connected through a network. For a exogenously given network, each agent decides first on information acquisition from his neighbors and then, after processing the information acquired, takes an action. Each agent is...
Persistent link: https://www.econbiz.de/10010823302