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A State-Dependent Model of Intermediate Goods Pricing

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NBER2010-08-01 更新2025-01-04 收录
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Recent analyses of transaction-level datasets have generated new stylized facts on price setting and greatly influenced the empirical open- and closed-economy macroeconomics literatures. This work has uncovered marked heterogeneity in price stickiness, demonstrated that even non-zero price changes

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2010-08-01
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