Strategic Complementarity, Stabilization Policy, and the Optimal Degree of Publicity

Material TypeArticleLanguageEnglish
TitleStrategic Complementarity, Stabilization Policy, and the Optimal Degree of Publicity Author(S)JONATHAN G JAMES (Author)
Abstract  This paper examines the welfare implications of public information dissemination within a model in which information is heterogeneous across agents and where a strategic complementarity is present. The focus of the analysis is on how the presence of stabilization policy affects the case for transparenc ...Paginationp551–572
SubjectEconomicsDescriptorsEconomics
Journal TitleJournal of Money, Credit, and Banking  
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