Browne, Frank (contributor); Cronin, David (contributor) - 2006
commodity price index (representing the flexible
goods price, p
F
), a consumer price index (for the sticky price good, p
S … and the commodity price index and
between the money stock and the consumer price index (CPI). Furthermore, we
should … be able to use deviations (specifically, overshooting) of the commodity
price index from its long run equilibrium value …