Proceedings of Annual Conference of Japan Association for Social Informatics
Proceedings of the 25th Annual Conference of Japan Association for Social
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A Trial Essay on Information Macroeconomics
*Yasuyuki MURADATE
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Pages 413-416

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Abstract
This paper discusses on macroeconomic theories of information. The concept of information has fundamental importance for macroeconomy. In this paper, we discuss about incompleteness of market and coordination failure. Asymmetric Information theory suggests incompleteness of market. Coordination Game Problem suggest that more communication between the agents leads to the better equilibrium. We consider New Keynesian Model and Sticky Information model. By using Dynare program we examine properties of those models. In further research , it is necessary that a model can explain special problems of aggregated economy, such as disequilibrium between industries.
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© 2010 by Japan Association for Social Informatics
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