Socially optimal coordination: Characterization and policy implications

Journal of the European Economic Association

Volumn 5, Issue 2-3, 2007, Pages 585-593

  Angeletos, George Marios ^a   Pavan, Alessandro ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b NORTHWESTERN UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 36749010137     PISSN: 15424766     EISSN: 15424774     Source Type: Journal    
DOI: 10.1162/jeea.2007.5.2-3.585     Document Type: Conference Paper

References (10)

1. Angeletos, George-Marios, and Alessandro Pavan (2004). "Transparency of Information and Coordination in Economies with Investment Complementarities." American Economic Review, 94, 91-98.
2. Angeletos, George-Marios, and Alessandro Pavan (2006a). "Efficient Use of Information and Social Value of Information." Econometrica, forthcoming.
3. Angeletos, George-Marios, and Alessandro Pavan (2006b). "Optimal Policy for Economies with Dispersed Information." Working paper, MIT/Northwestern University.
4. Angeletos, George-Marios, and Alessandro Pavan (2006c). "Socially Optimal Coordination: Characterization and Policy Implications." NBER Working Paper 12778.
5. Angeletos, George-Marios, Guido Lorenzoni, and Alessandro Pavan (2006). "Beauty Contests: Micro-foundations and Policy Implications." Working paper, MIT/Northwestern University.
6. Hellwig, Christian (2005). "Heterogeneous Information and the Benefits of Public Information Disclosures." Working paper, UCLA.
7. Lorenzoni, Guido (2005). "Imperfect Information, Consumers' Expectations and Business Cycles." Working paper, MIT.
8. Morris, Stephen, and Hyan Song Shin (2002). "The Social Value of Public Information." American Economic Review, 92, 1521-1534.
9. Roca, Mauro (2005). "Transparency and Monetary Policy with Imperfect Common Knowledge." Working paper, Columbia University.
10. Woodford, Michael (2002). "Imperfect Common Knowledge and the Effects of Monetary Policy." In Knowledge, Information, and Expectations in Modern Macroeconomics, edited by P. Aghion, R. Frydman, J. Stiglitz, and M. Woodford. Princeton University Press.