banquedefranceBanque de France148661004018216141101/27/2022 - 09:00Are make-up strategies effective? Suspiciously so in models where everyone understands them. Not at all in models where everyone is myopic. We assume #financialmarkets understand them but #firms and #households are myopic, and find them effective.#BdFeco 👇https://t.co/Z91RECFndB