Information Equilibrium
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Information Equilibrium
Expectations (rational or otherwise) and information loss
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Expectations (rational or otherwise) and…
Jason Smith
Nov 3, 2014
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Information Equilibrium
Expectations (rational or otherwise) and information loss
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Email
Notes
More
The market expectation for NGDP (B, orange) and the actual distribution (A, blue).
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Expectations (rational or otherwise) and…
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The market expectation for NGDP (B, orange) and the actual distribution (A, blue).