Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
收藏NBER2007-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13199
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资源简介：
This paper studies the role of endogenous producer entry and product creation for monetary policy analysis and business cycle dynamics in a general equilibrium model with imperfect price adjustment. Optimal monetary policy stabilizes product prices, but lets the consumer price index vary to
提供机构：
美国国家经济研究局
创建时间：
2007-06-01
