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will reduce loans and increase savings. In the paper are savings considered to be identical with deposits in bank accounts … loans and the amount of savings. …
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idea that the real interest rates reflect the interaction of desired saving and planned investment, using the framework …
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Economists have studied for a long time how decision-makers allocate scarce resources. The recent literature on rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have a limited amount of attention and have to decide how to...
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