Pricing, Production and Persistence
收藏NBER2001-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8407
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资源简介：
Though built with increasingly precise microfoundations, modern optimizing sticky price models have displayed a chronic inability to generate large and persistent real responses to monetary shocks, as recently stressed by Chari, Kehoe and McGrattan [2000]. This is an ironic finding, since Taylor
提供机构：
美国国家经济研究局
创建时间：
2001-08-01
