Search Results - subject:"Real rigidity"

Firm-specific factors and the state-dependent effects of monetary policy

Kamalyan, Hayk - In: Oxford economic papers 77 (2025) 3, pp. 867-884

Persistent link: https://www.econbiz.de/10015457701

Oligopolistic competition, price rigidity, and monetary policy

Ueda, Kozo; Watanabe, Kota - 2023

Persistent link: https://www.econbiz.de/10014331908

Trend inflation and an empirical test of real rigidities

Marenčák, Michal - 2022

Persistent link: https://www.econbiz.de/10013252593

A note on increasing hazard functions and the monetary transmission mechanism

Yao, Fang - In: Macroeconomic dynamics 20 (2016) 1, pp. 446-459

Persistent link: https://www.econbiz.de/10011558417

Hysteresis via endogenous rigidity in wages and participation

Doniger, Cynthia L.; López-Salido, José David - 2017

Persistent link: https://www.econbiz.de/10011709246

Hysteresis via endogenous rigidity in wages and participation

Doniger, Cynthia L; López-Salido, José David - 2018

Persistent link: https://www.econbiz.de/10012003836

Sticky prices, competition and the Phillips curve

Mikosch, Heiner Felix - 2012

This study analyzes how competition affects price stickiness at the micro level. On the theoretical side, I develop what I call a micro Phillips curve, i.e. a product-specific relation between inflation and economic activity conditional on inflation expectations. I find two opposing effects of...

Persistent link: https://www.econbiz.de/10010319699

Sticky Prices, Competition and the Phillips Curve

Mikosch, Heiner - KOF Swiss Economic Institute, Department of Management, … - 2012

Persistent link: https://www.econbiz.de/10009416895

Optimal monetary policy in an economy with real rigidity

Ida, Daisuke - In: Economics Bulletin 32 (2012) 3, pp. 2281-2292

Several studies address the importance of the effect of real rigidity on macroeconomic variables. The presence of real … optimal monetary policy in an economy with real rigidity. According to our simulation results, the welfare gain associated … with a commitment policy declines as the degree of real rigidity increases. This paper also finds that price level …

Persistent link: https://www.econbiz.de/10011278753

Non-price Competition, Real Rigidities and Inflation Dynamics

Turino, Francesco - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2009

In the last decade, the analytical progress achieved in the New Keynesian literature has been remarkable. Many of the early assumptions have been relaxed, leading to medium-scale macroeconomic models that are now able to capture many features of real-world data. Nevertheless, modern-day New...

Persistent link: https://www.econbiz.de/10005039611