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Learning And Expectations In Dynamic Spatial Economies.pdf

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Preview of Learning and Expectations in Dynamic Spatial Economies
🔗 Source: conference.nber.org
📊 Size: 2.96 MB
📄 Pages: 79 pages
⬇️ Downloads: 60

Summary

Researchers develop a methodology to study the spatial effects of shocks to economic fundamentals in a stochastic dynamic spatial framework, allowing for evolving, uncertain, and heterogeneous beliefs across agent groups. They apply this methodology to two settings: an ex-ante study of climate change's economic impacts and an ex-post evaluation of the China productivity shock on the US economy, analyzing the impact of deviations from perfect foresight on different outcomes.

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Description

Researchers develop a methodology to study the spatial effects of shocks to economic fundamentals in a stochastic dynamic spatial framework, allowing for...

Technical Information

  • File Format: PDF
  • File Size: 2.96 MB
  • Pages: 79
  • Language: EN
  • Total Downloads: 60
  • Last Updated: 2 weeks ago

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This PDF document about Learning and Expectations in Dynamic Spatial Economies provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Learning and Expectations in Dynamic Spatial Economies.

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