Anderson, Eric, Jaimovich, Nir, and Simester, Duncan, (2015) "Empirical Evidence of the Menu Cost Channel." Review of Economics and Statistics 97:4, 813-826.
We review recent evidence on price rigidity from the macroeconomics literature, and discuss how this evidence is used to inform macroeconomic modeling. Sluggish price adjustment is a leading explanati
This paper estimates simultaneously dynamic equations for the Deutsche Mark/Dollar exchange rate and the German wholesale price index, which emerge from a model in which German prices are sticky. This
For many years, economics researchers have discussed the importance of sharing code and data files to ensure replicability. The discussion, however, rarely includes questions about long-term access to
