Saturday, 22 July 2017

Notes on imperfect information

Endogenous Persistence in an estimated DSGE Model Under Imperfect Information 
Levine, P., Pearlman, J., Perendia, G., Yang, B 
June 2012 
The Economic Journal, 122: 1287-1312 
  
Dynamic Stochastic General Equilibrium (DSGE) 
  
Two New Keynesian models: within the conventional rational expectations framework but relaxes the extreme perfect information assumption for the private sector; the second behavioral model encompasses the first and allows a proportion of agents to form expectations in an adaptive fashion 
  
(not finished) 

Saturday, 15 July 2017

Notes on financial market regulation

Financial market regulation and reforms in emerging markets

Eswar Prasad; Masahiro Kawai, 1947-

Tokyo : Asian Development Bank Institute ; Washington, D.C. : Brookings Institution Press  c2011

Saturday, 1 July 2017

Notes on internet finance and Bitcoins

Bitcoins: peer-to-peer digital money system, artificial scarcity, privacy, private signature