Prices, Output and Hours: An Empirical Analysis Based on a Sticky Price Model
收藏NBER1994-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4948
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资源简介：
I show that a simple sticky price model based on Rotemberg (1982) is consistent with a variety of facts concerning the correlation of prices, hours and output. In particular, I show that it is consistent with a negative correlation between the detrended levels of output and prices when the Beveridge
提供机构：
美国国家经济研究局
创建时间：
1994-12-01
