Are Prices Too Sticky?
收藏NBER1987-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2171
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资源简介:
This paper shows that small costs of changing nominal prices can lead to rigidities that cause highly inefficient fluctuations in real variables. As a result, aggregate demand stabilization can be very desirable even though the frictions that cause fluctuations in aggregate demand to have real
提供机构:
美国国家经济研究局
创建时间:
1987-02-01



