id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ejge-4309	Soldatos, Gerasimos T.; Varelas, Erotokritos	A first formal approach to animal spirits beyond uncertainty	2015	14	.pdf	application/pdf	5526	192	44	A first formal approach to animal spirits beyond uncertainty Gerasimos T. Soldatos, American University of Athens, Greece Erotokritos Varelas, University of Macedonia, Greece Abstract Standard Macroeconomics treats animal spirits as a source of uncertainty disturbing otherwise rational expectations. The introduction of a policy-maker, holding its own view of private welfare in a society of emotional individuals, generates by itself, i.e. in the absence of animal spirits, uniform business fluctuations.	cache/ejge-4309.pdf	txt/ejge-4309.txt