Permanent and Transitory Policy Shocks in an Empirical Macro Model with Asymmetric Information

No. 2003/41

Permanent and Transitory Policy Shocks
in an Empirical Macro Model with
Asymmetric Information

Sharon Kozicki and P.A. Tinsley

Center for Financial Studies

an der Johann Wolfgang Goethe-Universitat ■ Taunusanlage 6 ■ D-60329 Frankfurt am Main

Tel: (+49)069/242941-0 ■ Fax: (+49)069/242941-77 ■ E-Mail: [email protected] ■ Internet: http://www.ifk-cfs.de

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