Search Results for Rational inattention

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We study forecasts for real GDP growth using a large panel of individual forecasts from 36...

Investment across the euro area remains below its pre-crisis level. Its performance has been...

This paper proposes a markedly different transmission mechanism from monetary policy to the...

Financial crises result in price and quantity rationing of otherwise creditworthy business...

This paper analyzes how different types of bank funding affect the extent to which banks ration...

In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the relative...