Gödl-Hanisch, Isabel; Menkhoff, Manuel - 2023
relevant for pass-through: beliefs about the expected duration of the shock and its interaction with price rigidities. We then … employ a hypothetical vignette to study the causal effect of nominal and real rigidities as well as the nature of the shock … rigidities. The survey design further allows us to infer the implied slope of the Phillips curve, which flattens after accounting …