Carroll, Chris (contributor) - 2001 - [Elektronische Ressource]
(sincethereisnorecovery)everyonewill
eventuallybecome infected. In the case where ‘infection’ is interpreted as reflecting an
agent’s knowledge of a piece of information … have some
knowledge of epsilon1
t
, η
t
,andη
t+1
, so even under the assumption that the inflation process
has a unit root …