QUANTIFYING CONFIDENCE

Angeletos, GM; Collard, F; Dellas, H

Angeletos, GM (reprint author), MIT, Dept Econ, 77 Massachusetts Ave, Cambridge, MA 02139 USA.

ECONOMETRICA, 2018; 86 (5): 1689

Abstract

We develop a tractable method for augmenting macroeconomic models with autonomous variation in higher-order beliefs. We use this to accommodate a cert......

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