The Macroeconomics of Sticky Prices with Generalized Hazard Functions
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We give a thorough analytic characterization of a large class of sticky-price models where the firms price setting behavior is described by a generalized hazard function. Such a function provides a tractable description of the firms price setting behavior and allows for a vast variety of empirical
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美国国家经济研究局创建时间：
2020-06-01
