Staggered Price Setting and Endogenous Persistence
收藏NBER1998-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w6492
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This paper generates persistent effects of a monetary disturbance in the context of staggered price-setters. Previous research has been restricted by the CES functional form to price-setting rules that are constant markups over marginal costs. The present paper considers a translog form for
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美国国家经济研究局创建时间：
1998-04-01
