Information Equilibrium
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Information Equilibrium
Macroeconomists are weird about theory
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Macroeconomists are weird about theory
Jason Smith
Jun 15, 2016
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Information Equilibrium
Macroeconomists are weird about theory
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Notes
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Employment rate e = 1, e ≈ 1 - u* (natural rate), and data.
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Macroeconomists are weird about theory
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Employment rate e = 1, e ≈ 1 - u* (natural rate), and data.