When expectations of technological change in the economy are noisy signals

Sala, Luca; Gambetti, Luca; Forni, Mario; and Lippi, Marco (2017) When expectations of technological change in the economy are noisy signals. [Online resource]
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These expectations, or 'animal spirits', explain much of the volatility in investment, consumption and GDP, write Luca Sala, Luca Gambetti, Mario Forni and Marco Lippi


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