Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach
收藏NBER2023-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31218
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资源简介：
We derive closed-form solutions and sufficient statistics for inflation and GDP dynamics in multi-sector New Keynesian economies with arbitrary input-output linkages. Analytically, we show how (1) production linkages amplify inflation and GDP persistence in response to monetary and sectoral shocks
提供机构：
美国国家经济研究局
创建时间：
2023-05-01
