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We study how different forms of communication influence the inflation expectations of individuals in a randomized …
Persistent link: https://www.econbiz.de/10011958866
We study how different forms of communication influence the inflation expectations of individuals in a randomized …
Persistent link: https://www.econbiz.de/10012018155
We compare the causal effects of forward guidance communication about future interest rates on households' expectations … of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized …
Persistent link: https://www.econbiz.de/10012180172
We compare the causal effects of forward guidance communication about future interest rates on households' expectations … of inflation, mortgage rates, and unemployment to the effects of communication about future inflation in a randomized …
Persistent link: https://www.econbiz.de/10012207883
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013351930
Persistent link: https://www.econbiz.de/10003762601
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We study cooperative games with communication structure, represented by an undirected graph. Players in the game are … complete communication structure, then the proposed solution coincides with the Shapley value, and that if the game has a cycle …-free communication structure, it is the solution proposed by Herings, van der Laan and Talman (2008). We introduce the notion of link …
Persistent link: https://www.econbiz.de/10011377055