11 to 12 of 12 Results
Dec 16, 2008
Ricardo Reis, 2008, "Replication data for: Inattentive Producers", https://doi.org/10.7910/DVN/5W53YT, Harvard Dataverse, V1, UNF:3:VuIZx6UR3YZ86WQE6lu9bw== [fileUNF]
I present and solve the problem of a producer who faces costs of acquiring, absorbing, and processing information. I establish a series of theoretical results describing the producer's behavior. First, I find the conditions under which she prefers to set a plan for the price she charges, or instead prefers to set a plan for the quantity she sells.... |
Dec 16, 2008
Ricardo Reis; N. Gregory Mankiw, 2008, "Replication data for: Sticky Information in General Equilibrium", https://doi.org/10.7910/DVN/EXBSQX, Harvard Dataverse, V1
This paper develops and analyzes a general-equilibrium model with sticky information. The only rigidity in goods, labor, and financial markets is that agents are inattentive, sporadically updating their information sets, when setting prices, wages, and consumption. After presenting the ingredients of such a model, the paper develops an algorithm to... |