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Published in 2017 at "Review of Economics and Statistics"
DOI: 10.1162/rest_a_00612
Abstract: Abstract An important disconnect in the news view of fluctuations is the lack of consistent evidence suggestive of significant macroeconomic effects of news shocks. Findings from estimated DSGE models that in theory allow news shocks…
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Keywords:
news shocks;
news;
news financial;
intermediation aggregate ... See more keywords