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Trade with Asymmetric Information

In: Macroeconomic and Financial Stability: challenges for Monetary Policy

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  • Robert E. Hall

    (Hoover Institution and Department of Economics, Stanford University and National Bureau of Economic Research)

Abstract

This paper reviews the literature on trade with asymmetric information, from the seminal contribution of Akerlof (1970) to the recent paper by Shimer (2013) presented at the XVI Conference of the Central Bank of Chile.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Robert E. Hall, 2014. "Trade with Asymmetric Information," Central Banking, Analysis, and Economic Policies Book Series, in: SofĂ­a Bauducco & Lawrence Christiano & Claudio Raddatz (ed.),Macroeconomic and Financial Stability: challenges for Monetary Policy, edition 1, volume 19, chapter 5, pages 151-160, Central Bank of Chile.
  • Handle: RePEc:chb:bcchsb:v19c05pp151-160
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