Export Publication

The publication can be exported in the following formats: APA (American Psychological Association) reference format, IEEE (Institute of Electrical and Electronics Engineers) reference format, BibTeX and RIS.

Export Reference (APA)
Gomes, O. (2009). The timing of information updates: a stability result. Economics Bulletin. 29 (4), 2860-2869
Export Reference (IEEE)
O. M. Gomes,  "The timing of information updates: a stability result", in Economics Bulletin, vol. 29, no. 4, pp. 2860-2869, 2009
Export BibTeX
@article{gomes2009_1715940169416,
	author = "Gomes, O.",
	title = "The timing of information updates: a stability result",
	journal = "Economics Bulletin",
	year = "2009",
	volume = "29",
	number = "4",
	pages = "2860-2869",
	url = "http://www.accessecon.com/includes/CountdownloadPDF.aspx?PaperID=EB-09-00463"
}
Export RIS
TY  - JOUR
TI  - The timing of information updates: a stability result
T2  - Economics Bulletin
VL  - 29
IS  - 4
AU  - Gomes, O.
PY  - 2009
SP  - 2860-2869
SN  - 1545-2921
UR  - http://www.accessecon.com/includes/CountdownloadPDF.aspx?PaperID=EB-09-00463
AB  - We assume an environment where the current value of an aggregate nonstationary variable is generated by weighting the behavior of a large set of agents who choose to form expectations resorting to more or less outdated information concerning the state of the economy. Agents using recent information are able to produce expectations with a strong component of perfect foresight; agents resorting to outdated information will use predominantly the time series of the assumed variable to learn its long-term value. The main result is that a strong degree of information stickiness may imply a departure from stability (a Neimark-Sacker bifurcation occurs).
ER  -