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...
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フォーマット: | 雑誌 |
言語: | English |
出版事項: |
Washington, D.C. :
International Monetary Fund,
2007.
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シリーズ: | IMF Working Papers; Working Paper ;
No. 2007/095 |
オンライン・アクセス: | Full text available on IMF |