The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy
收藏NBER2018-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25303
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资源简介:
We study the transmission of monetary policy shocks in a model in which realistic heterogeneity in price rigidity interacts with heterogeneity in sectoral size and input-output linkages, and derive conditions under which these heterogeneities generate large real effects. Empirically, heterogeneity
提供机构:
美国国家经济研究局
创建时间:
2018-12-01



