On the Sources and Value of Information: Public Announcements and Macroeconomic Performance.
In the context of macroeconomic coordination, studies of the social value of information distinguish sharply between private and public information. However, no information is truly public (that is, common knowledge) or private in the established sense. This paper develops a general approach by allo...
| Main Authors: | , |
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| 格式: | Working paper |
| 語言: | English |
| 出版: |
Department of Economics (University of Oxford)
2008
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