Real Rigidities and the Non-Neutrality of Money
收藏NBER1987-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2476
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资源简介：
Rigidities in real prices are not sufficient to create rigidities in nominal prices and real effects of nominal shocks. And, by themselves, small frictions in nominal adjustment, such as costs of changing prices, create only small non-neutralities. But this paper shows that substantial nominal
提供机构：
美国国家经济研究局
创建时间：
1987-12-01
