Finance and Economics Discussion Series: The Two-Period Rational Inattention Model: Accelerations and Analyses by Kurt F. Lewis

Finance and Economics Discussion Series: The Two-Period Rational Inattention Model: Accelerations and Analyses

Kurt F. Lewis

24 pages missing pub info (editions)

nonfiction politics
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This paper demonstrates the properties of and a solution method for the more general two-period Rational Inattention model of Sims (2006). It is shown that the corresponding optimization problem is convex and can be solved very quickly. This paper...

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