Large Shocks Travel Fast
收藏NBER2023-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31659
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资源简介：
We leverage the inflation upswing of 2022 and various granular datasets to identify robust price-setting patterns following a large supply shock. We show that the frequency of price changes increases dramatically after a large shock. We set up a parsimonious New Keynesian model and calibrate it to
提供机构：
美国国家经济研究局
创建时间：
2023-09-01
