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~institution:"Centre de Recerca en Economia Internacional"
~institution:"International Conference on Complexity and Self-Organization in Social and Economics Systems <1994, Peking>"
~institution:"National Bureau of Economic Research"
~language:"eng"
~person:"Ilut, Cosmin"
~subject:"Konjunkturtheorie"
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International Conference on Complexity and Self-Organization in Social and Economics Systems <1994, Peking>
National Bureau of Economic Research
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Ambiguous
Business
Cycles
Ilut, Cosmin
-
2012
This paper considers
business
cycle models with agents who dislike both risk and ambiguity (Knightian uncertainty … like 'unrealized' bad news. Time-varying confidence emerges as a major source of
business
cycle fluctuations …
Persistent link: https://www.econbiz.de/10012460758
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