The hypothesis of assymetric information: an empirical examination using greek data

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The hypothesis of assymetric information: an empirical examination using greek data

Papanastasiou, John
Vogiatzis, Alexandros
Vassiliadis, Chris

The paper examines empirically the assumption of asymmetric information with the use of a simple macroeconomic model. The results, based on Greek data, support the rational expectations models of asymmetric information and therefore the proposition of policy ineffectiveness.

Text

Rational expectations
Assymmetric information
Police ineffectiveness


English

2006
2009-11-10T12:16:58Z

http://dspace.lib.uom.gr/handle/2159/13648

University of Macedonia, Economic and Social Sciences





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