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Economics x General Aggregative Models x Information, Knowledge, and Uncertainy x clear all

Learning and Equilibrium Selection in a Monetary Overlapping Generations Model with Sticky Prices

Klaus Adam.

in The Review of Economic Studies

October 2003; p ublished online October 2003 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; General Aggregative Models; Intertemporal Choice and Growth; Prices, Business Fluctuations, and Cycles. 8440 words.

We study adaptive learning in a monetary overlapping generations model with sticky prices and monopolistic competition for the case where learning agents observe current endogenous...

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Relationships and Growth: On the Dynamic Interplay between Relational Contracts and Competitive Markets in Economic Development

Shingo Ishiguro.

in The Review of Economic Studies

April 2016; p ublished online September 2015 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; General Aggregative Models; Economic Development. 14106 words.

This article presents a dynamic general equilibrium model to investigate how different contracting modes based on formal and relational enforcements emerge endogenously and are linked...

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