validity of the sticky information model (Mankiw and Reis, 2002) for describing the dynamics of professional growth forecasts …. Instead, the empirical evidence is more in line with implications of "noisy" information models (Woodford, 2002; Sims, 2003 …). Second, we find that information rigidities are more pronounced in emerging economies than advanced economies. Third, there …

that can lead to fragility, i.e., provide additional information on the robustness of stress tests. It …

and private partners, in particular with respect to information asymmetries in risk perceptions. This allows us to propose …Intro -- Contents -- I. Introduction -- II. The development of PPPs -- III. Risk sharing, asymmetry of information, and … perception biases -- A. Asymmetry of information -- B. Perception Biases -- IV. A principal-agent approach to PPPs -- V. PPP …