Sticky Prices, Money and Business Fluctuations
收藏NBER1983-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1216
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Can nominal contracts make a difference for the neutrality of money if these arise endogenously in general equilibrium? This paper utilizes aversion of Lucas's seminal equilibrium business cycle theory to address this question. However, we depart from Lucas in assuming that (1) agents have complete
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美国国家经济研究局创建时间：
1983-10-01
