Bounded rationality, heterogeneous beliefs and the evolution of the economy
In this thesis I study the implications of the speed of learning in an overlapping generations model. The equilibrium can be altered, for example, by a change in the level of government purchases and this can be financed in various ways. The purpose is to examine the effects on a number of important...
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University of Edinburgh
1996
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.662237 |