Substitution Bias and Fixed-Weight Price Indices in Time-Dependent Pricing Models
收藏NBER2025-04-01 更新2025-04-19 收录
下载链接：
https://www.nber.org/papers/w33665
下载链接
链接失效反馈官方服务：
资源简介：
This paper compares inflation in true price indices to inflation in fixed-weight price indices. We construct model-based inflation measures in time-dependent pricing models that are analogous to measures of inflation in the data, e.g., the Consumer Price Index. In the standard new Keynesian model,
提供机构：
美国国家经济研究局
创建时间：
2025-04-01
