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  • The Macroeconomic Effects of Infrequent Information with Adjustment Costs 

    Bonomo, Marco; Garcia, René (Université de Montréal. Département de sciences économiques., 1997)
    In the last decade, the potential macroeconomic effects of intermittent large adjustments in microeconomic decision variables such as prices, investment, consumption of durables or employment – a behavior which may be justified by the presence of kinked ...