Global information spillovers

The amount of information produced in an economy varies over time. Stock prices in particular are informative but their degree of informativeness changes over time. Agents do not produce the same amount of information in every macroeconomic state of the world or in anticipation of every state. Altho...

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Détails bibliographiques
Auteurs principaux: Chousakos, Kyriakos, Gorton, Gary, Ordoñez, Guillermo
Format: Artículo
Langue:eng
Publié: Banco Central de Chile 2019
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Accès en ligne:https://hdl.handle.net/20.500.12580/3860
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