which is used for updating beliefs. Thus, a better information system affects the distribution of human capital in each …) If the relative measure of risk aversion is less (more) than 1 then more information raises (reduces) income inequality …. (b) When a risk sharing market is available better information results in higher inequality regardsless of the measure …

which is used for updating beliefs. Thus, a better information system affects the distribution of human capital in each …) If the relative measure of risk aversion is less (more) than 1 then more information raises (reduces) income inequality …. (b) When a risk sharing market is available better information results in higher inequality regardsless of the measure …

The paper analyzes the interactions between the precision of information, trade and welfare within a decision framework … of an exporting firm. Information in a financial market is described in terms of a publicly observable signal. With … higher transparency, the signal conveys more precise information about the random foreign exchange rate. More precise …

conveys more precise information about the random foreign exchange rate. We analyze the interaction between market … ; information system ; transparency ; hedging ; international trade …

which is used for updating beliefs. Thus, a better information system affects the distribution of human capital in each …) If the relative measure of risk aversion is less (more) than 1 then more information raises (reduces) income inequality …. (b) When a risk sharing market is available better information results in higher inequality regardless of the measure of …