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• (author = "Luo, Y")
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Consumption dynamics under information processing constraints

Author(s) : Luo, Y
Description : This paper studies how "rational inattention" (RI)-a type of information processing constraint proposed by Sims [Sims, C.A., 2003. Implications of rational inattention, Journal of Monetary Economics 50 (3), 665-690]-affects the joint dynamics of consumption and income in a permanent income model wit...
Repository : The HKU Scholars Hub , View repository documents
Language(s) : English
Subject(s) : Aggregation , Consumption and savings behavior , Rational inattention , Short-run and long-run impacts
Publisher(s) : Academic Press. The Journal's web site is located at http://www.elsevier.com/locate/red , United States
Contributor(s) :
Source(s) :
Publication Date(s) : 2010-09-06