George Evans

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Are Sunspots Learnable? An Experimental Investigation in a Simple General-Equilibrium Model

Staff Working Paper 2013-14 Jasmina Arifovic, George Evans, Olena Kostyshyna
We conduct experiments with human subjects in a model with a positive production externality in which productivity is a non-decreasing function of the average level of employment of other firms.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models JEL Code(s): D, D8, D83, G, G2, G20

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