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Information Aggregation and Policy

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  • Laurence Weiss

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File URL: http://cowles.econ.yale.edu/P/cd/d05a/d0528.pdf
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Bibliographic Info

Paper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 528.

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Length: 26 pages
Date of creation: Jul 1979
Date of revision:
Publication status: Published in Review of Economic Studies (1982), 49: 31-42
Handle: RePEc:cwl:cwldpp:528

Note: CFP 542.
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Postal: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Phone: (203) 432-3702
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Web page: http://cowles.econ.yale.edu/
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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References

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  1. Hirshleifer, Jack, 1971. "The Private and Social Value of Information and the Reward to Inventive Activity," American Economic Review, American Economic Association, vol. 61(4), pages 561-74, September.
  2. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
  3. Phelps, Edmund S & Taylor, John B, 1977. "Stabilizing Powers of Monetary Policy under Rational Expectations," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 85(1), pages 163-90, February.
  4. Robert E. Hall, 1975. "The Rigidity of Wages and the Persistence of Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 6(2), pages 301-350.
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Cited by:
  1. S. Grossman & L. Weiss, . "Heterogeneous Information and the Theory of the Business Cycle," Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research 16-80, Wharton School Rodney L. White Center for Financial Research.
  2. Bénassy, Jean-pascal, 1997. "On the optimality of activist policies with a less informed government," CEPREMAP Working Papers (Couverture Orange) 9722, CEPREMAP.
  3. Jean-Pascal Bénassy, 1999. "On the Optimality of Activist Policies with a Less Informed Government," Discussion Papers of DIW Berlin 186, DIW Berlin, German Institute for Economic Research.
  4. Mark Grinblatt & Matti Keloharju, 2009. "Sensation Seeking, Overconfidence, and Trading Activity," Journal of Finance, American Finance Association, vol. 64(2), pages 549-578, 04.
  5. Willem H. Buiter & Jonathan Eaton, 1980. "Policy Decentralization and Exchange Rate Management in Interdependent Economies," NBER Working Papers 0531, National Bureau of Economic Research, Inc.
  6. Laurence Weiss, 1981. "Interest Rate Policies and Informational Efficiency," Cowles Foundation Discussion Papers 589, Cowles Foundation for Research in Economics, Yale University.
  7. Reuven Glick & Peter Kretzmer & Clas Wihlborg, 1990. "Real exchange rate effects of monetary disturbances under different degrees of exchange rate flexibility: an empirical analysis," Working Papers in Applied Economic Theory 90-03, Federal Reserve Bank of San Francisco.

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