CORDIS Project
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This project analyzes how incomplete information affects macroeconomic dynamics by developing methods for dynamic equilibrium models. It explores the impact of differing beliefs on financial markets and macroeconomic decisions, aiming to improve understanding of asset pricing and corporate behavior.
This proposal seeks to analyze the effects of incomplete dispersed information for macroeconomic dynamics, broadly defined.First, the proposal seeks to develop methods for the analysis of dynamic equilibrium models, in which different participants hold different views of the aggregate conditions.
Theoretical and quantitative solution methods will be proposed that can be applied to almost arbitrary equilibrium models of financial markets or the macro-economy, integrating information with other so…
FONDATION JEAN JACQUES LAFFONT,TOULOUSE SCIENCES ECONOMIQUES
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