Inventories, Markups, and Real Rigidities in Menu Cost Models
收藏NBER2009-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14651
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资源简介：
Real rigidities that limit the responsiveness of real marginal cost to output are a key ingredient of sticky price models necessary to account for the dynamics of output and inflation. We argue here, in the spirit of Bils and Kahn (2000), that the behavior of marginal cost over the cycle is directly
提供机构：
美国国家经济研究局
创建时间：
2009-01-01
