Precision of Communication in Coordination Games of Regime Change ∗ Job Market

  • Sergey Kolbin
  • Published 2015

Abstract

I study a model of regime change in which the government can communicate with different levels of precision as a function of the underlying fundamentals. In the model, higher precision of communication corresponds to a lower dispersion of private information among market participants. I compare a policy of an uncommitted government, which chooses the… (More)

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