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Wage and price rigidities and the non neutrality of money in a general equilibrium model

Simhony, Avraham - 1993

Persistent link: https://www.econbiz.de/10000884319

Inflation persistence and flexible prices

Dittmar, Robert F. (contributor); … - 2003 - [Elektronische Ressource], rev

Persistent link: https://www.econbiz.de/10001941480

Another look at sticky prices and output persistence

Wang, Peng-Fei (contributor); Wen, Yi (contributor) - 2005

"Price rigidity is the key mechanism for propagating business cycles in traditional Keynesian theory. Yet the New …

Persistent link: https://www.econbiz.de/10002956723

Production and inventory behavior of capital

Wen, Yi (contributor) - 2005

"This paper provides a dynamic optimization model of durable good inventories to study the interactions between investment demand and production of capital goods. There are three major findings: First, capital suppliers' inventory behavior makes investment demand more volatile in equilibrium;...

Persistent link: https://www.econbiz.de/10002977386

Temporary price changes and the real effects of monetary policy

Kehoe, Patrick J. (contributor); … - 2008

In the data, a large fraction of price changes are temporary. We provide a simple menu cost model which explicitly includes a motive for temporary price changes. We show that this simple model can account for the main regularities concerning temporary and permanent price changes. We use the...

Persistent link: https://www.econbiz.de/10003722992

Inflation dynamics : a cross-country investigation

Wang, Pengfei (contributor); Wen, Yi (contributor) - 2006 - Rev.

Persistent link: https://www.econbiz.de/10003739555

The price puzzle and indeterminacy in an estimated DSGE model

Belaygorod, Anatoliy (contributor); … - 2007 - Rev.

Persistent link: https://www.econbiz.de/10003739744

Inflation risk and optimal monetary policy

Gavin, William T. (contributor); … - 2007 - Rev.

Persistent link: https://www.econbiz.de/10003740044

Inflation persistence and the Phillips curve revisited

Karanassou, Marika (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003410953

Sticky prices and sectoral real exchange rates

Kehoe, Patrick J. (contributor); … - 2007

theory for persistence have some modest support: in the data, the stickier is the price of a good the more persistent is its … real exchange rate, but the theory predicts much more variation in persistence than is in the data. The predictions of the … theory for volatiity fare less well: in the data, the stickier is the price of a good the smaller is its conditional variance …

Persistent link: https://www.econbiz.de/10003579972