Price Contracts, Output, and Monetary Disturbances
收藏NBER1986-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1960
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资源简介：
This paper presents a simp1e example in which incomplete asset markets create incentives for buyers and sellers to sign contracts that specify a price function which differs from the spot market equilibrium price function. The price function can exhibit downward stickiness in nominal prices, In the
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美国国家经济研究局创建时间：
1986-06-01
