International Robust Disagreement
- (pp. 152-55)
AbstractWe characterize the equilibrium of a two-country, two-good economy in which agents have opposite preference bias toward one of the two consumption goods and fear model misspecification. We document that disagreement about endowments' growth prospects is a persistent endogenous outcome of this class of economies.
Citation2012. "International Robust Disagreement." American Economic Review, 102(3): 152-55. DOI: 10.1257/aer.102.3.152
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