Herding Through Booms and Busts
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- Schaal, Edouard & Taschereau-Dumouchel, Mathieu, 2023. "Herding through booms and busts," Journal of Economic Theory, Elsevier, vol. 210(C).
- Schaal, Edouard & Taschereau-Dumouchel, Mathieu, 2021. "Herding Through Booms and Busts," CEPR Discussion Papers 16368, C.E.P.R. Discussion Papers.
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More about this item
Keywords
endogenous business cycles; information cascade; social learning; imperfect information; boom-and-bust;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2020-04-06 (Dynamic General Equilibrium)
- NEP-MAC-2020-04-06 (Macroeconomics)
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