Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps
收藏NBER2001-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8614
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资源简介：
This paper explores a model of wage adjustment based on the assumption that information disseminates slowly throughout the population of wage setters. This informational frictional yields interesting and plausible dynamics for employment and inflation in response to exogenous movements in monetary
提供机构：
美国国家经济研究局
创建时间：
2001-12-01
