Endogenous information, menu costs and inflation persistence
收藏NBER2008-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14184
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This paper develops a model where firms make state-dependent decisions on both pricing and acquisition of information. It is shown that when information is not perfect, menu costs combined with the aggregate price level serving as an endogenous public signal generate rigidity in price setting even
本文构建了一个模型,其中企业针对定价与信息获取两类决策采取状态依赖策略。研究表明,在信息不完全的情况下,菜单成本(menu costs)与充当内生公共信号的总价格水平共同作用,会在价格设定中产生刚性,即使
提供机构:
美国国家经济研究局
创建时间:
2008-07-01



