Are Prices Too Sticky?
收藏NBER1987-02-01 更新2025-01-04 收录
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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
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美国国家经济研究局创建时间：
1987-02-01
