, and high profit banks see their profits driven down quickly …

estimated. Using the full rainfall distribution and our profit function estimates, we find that Indian farmers on average under … expected profits. Farmers who use skilled forecasts have increased average profit levels but also have more variable profits …

This paper examines the flow of production and use of economic information and analyzes the effects of measurement … presumption that the measurement errors are random: Systematic errors are frequent and their sources and forms vary so much that … decade),measurement of short-term changes in the economy is particularly difficult and current signals are apt to be often …