Price Setting in a Model with Production Chains : Evidence from Sectoral Data /

Price Setting in a Model with Production Chains : Evidence from Sectoral Data /

Reconciling the high frequency of price changes at the micro level and their apparent rigidity at the aggregate level has been the subject of considerable debate in macroeconomics recently. In this paper I show that incorporating production chains in a standard New- Keynesian model replicates two st...

書誌詳細
第一著者:	Shamloo, Maral
フォーマット:	雑誌
言語:	English
出版事項:	Washington, D.C. : International Monetary Fund, 2010.
シリーズ:	IMF Working Papers; Working Paper ; No. 2010/082
オンライン･アクセス:	Full text available on IMF

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