Sticky Prices: A New Monetarist Approach
收藏NBER2011-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17520
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资源简介:
Why do some sellers set nominal prices that apparently do not respond to changes in the aggregate price level? In many models, prices are sticky by assumption; here it is a result. We use search theory, with two consequences: prices are set in dollars, since money is the medium of exchange; and
提供机构:
美国国家经济研究局
创建时间:
2011-10-01



