Pricing Policies And Inflation Inertia
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| Google books | books.google.com |
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| Originally published | April 2003 |
| Authors | Michael Kumhof |
| Eric Parrado | |
| Luis Felipe Cespedes | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2076098 |
About Pricing Policies And Inflation Inertia
This paper provides a monetary model with nominal rigidities that differs from the conventional New Keynesian model with firms setting pricing policies instead of price levels. . . .