Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
收藏NBER2001-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w8290
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资源简介:
This paper examines a model of dynamic price adjustment based on the assumption that information disseminates slowly throughout the population. Compared to the commonly used sticky-price model, this sticky-information model displays three, related properties that are more consistent with accepted
提供机构:
美国国家经济研究局
创建时间:
2001-05-01



