The Equilibrium and Optimal Timing of Price Changes
收藏NBER1987-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2412
下载链接
链接失效反馈官方服务：
资源简介：
This paper studies the welfare properties of the equilibrium timing of price changes. Staggered price-setting has the advantage that it permits rapid adjustment to firm-specific shocks but the disadvantage that it causes price level inertia and therefore increases aggregate fluctuations. Because
提供机构：
美国国家经济研究局
创建时间：
1987-10-01
