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Essays on Information in Macroeconom...
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ProQuest Information and Learning Co.
Essays on Information in Macroeconomics and Finance.
紀錄類型:
書目-語言資料,手稿 : Monograph/item
正題名/作者:
Essays on Information in Macroeconomics and Finance./
作者:
Struby, Ethan.
面頁冊數:
1 online resource (292 pages)
附註:
Source: Dissertation Abstracts International, Volume: 78-09(E), Section: A.
標題:
Economic theory. -
電子資源:
click for full text (PQDT)
ISBN:
9781369744385
Essays on Information in Macroeconomics and Finance.
Struby, Ethan.
Essays on Information in Macroeconomics and Finance.
- 1 online resource (292 pages)
Source: Dissertation Abstracts International, Volume: 78-09(E), Section: A.
Thesis (Ph.D.)--Boston College, 2017.
Includes bibliographical references
Expectations formation is central to macroeconomics. Households, firms, and policymakers must form expectations not only about fundamentals, but about what other agents' beliefs are, because others' beliefs will determine their actions. The three essays in this dissertation examine empirically and theoretically how agents use both public and private information to form expectations. The first two essays combine a models of optimizing behavior and forecasting with data on the macroeconomy, financial prices, and macroeconomic forecasts to examine the extent to which economic agents learn about the macroeconomy from financial prices and monetary policy actions. The third essay examines theoretically how members of a committee use public and private information to form beliefs when they care both about having accurate forecasts and coordinating actions with others. All three essays emphasize that frictions in expectations formation are a salient feature of the world, and understanding the extent and importance of those frictions is important for both positive and normative questions in macroeconomics and finance. (Abstract shortened by ProQuest.).
Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018
Mode of access: World Wide Web
ISBN: 9781369744385Subjects--Topical Terms:
809881
Economic theory.
Index Terms--Genre/Form:
554714
Electronic books.
Essays on Information in Macroeconomics and Finance.
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Source: Dissertation Abstracts International, Volume: 78-09(E), Section: A.
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Adviser: Ryan Chahrour.
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Thesis (Ph.D.)--Boston College, 2017.
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Includes bibliographical references
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Expectations formation is central to macroeconomics. Households, firms, and policymakers must form expectations not only about fundamentals, but about what other agents' beliefs are, because others' beliefs will determine their actions. The three essays in this dissertation examine empirically and theoretically how agents use both public and private information to form expectations. The first two essays combine a models of optimizing behavior and forecasting with data on the macroeconomy, financial prices, and macroeconomic forecasts to examine the extent to which economic agents learn about the macroeconomy from financial prices and monetary policy actions. The third essay examines theoretically how members of a committee use public and private information to form beliefs when they care both about having accurate forecasts and coordinating actions with others. All three essays emphasize that frictions in expectations formation are a salient feature of the world, and understanding the extent and importance of those frictions is important for both positive and normative questions in macroeconomics and finance. (Abstract shortened by ProQuest.).
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Ann Arbor, Mich. :
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ProQuest,
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2018
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Mode of access: World Wide Web
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Economic theory.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10276883
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click for full text (PQDT)
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