Reset Price Inflation and the Impact of Monetary Policy Shocks
收藏数据链接:
官方服务:
资源简介:
A standard state-dependent pricing model generates little monetary non-neutrality. Two ways of generating more meaningful real effects are time-dependent pricing and strategic complementarities. These mechanisms have telltale implications for the persistence and volatility of "reset price inflation.
提供机构:
美国国家经济研究局创建时间:
2009-03-01



