Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
收藏数据链接：
官方服务：
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
