The imperfect-common-knowledge Phillips curve : Calvo versus Rotemberg

Radek Šauer

I derive the imperfect-common-knowledge Phillips curve under the assumption of Rotemberg pricing. The curve differs from the Calvo version in one important aspect. Expectations of future relative prices impact in ation.

MoreLess

Year of publication:	[16.01.2017]
Authors:	Šauer, Radek
Publisher:	Frankfurt am Main : Deutsche Bundesbank
Subject:	Phillips Curve \| Rotemberg \| Imperfect Knowledge \| Phillips-Kurve \| Phillips curve \| Theorie \| Theory \| Rationale Erwartung \| Rational expectations

freely available

Full text |

More access options

www.bundesbank.de

Check Google Scholar

In libraries world-wide (WorldCat)

In German libraries (KVK)

subito order

I need help

Erscheint auch als (Druck-Ausgabe):

The imperfect-common-knowledge Phillips curve. - Frankfurt am Main : Deutsche Bundesbank, 2016. - 8 Seiten

Persistent link: https://www.econbiz.de/10011582888