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Confidence, Crashes and Animal Spirits*
2011
Economic Journal
for their comments on an earlier version of this paper and on a related paper that influenced the final draft. I also wish to thank three referees of this journal for their insightful comments. Abstract This paper presents a model of the macroeconomy that reformulates what
doi:10.1111/j.1468-0297.2011.02474.x
fatcat:xw727r36sndo3pujc2n4hpa74y