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The Staying Power of Staggered Wage and Price Setting Models in Macroeconomics

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NBER2016-06-01 更新2025-01-04 收录
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After many years, many critiques, and many variations, the staggered wage and price setting model is still the most common method of incorporating nominal rigidities into empirical macroeconomic models used for policy analysis. The aim of this chapter is to examine and reassess the staggered wage

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2016-06-01
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