Implications of More Precise Information for Technological Development and Welfare /
This paper analyzes the dynamic interactions between the precision of information, technological development, and welfare within an overlapping generations model. More precise information about idiosyncratic production shocks has ambiguous effects on technological progress and welfare, which depend...
| Autor principal: | |
|---|---|
| Altres autors: | |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2007/095 |
| Accés en línia: | Full text available on IMF |