This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the … lens of the Calvo model of staggered price setting, which implies that inflation depends on expected future inflation and a … setting and hence alter the dynamic response of inflation to marginal costs. I first discuss the behavior of the variables …

This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the … lens of the Calvo model of staggered price-setting, which implies that inflation depends on expected future inflation and a … setting, and hence alter the dynamic response of inflation to marginal costs. I first discuss the behavior of the variables …

This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the … lens of the Calvo model of staggered price setting, which implies that inflation depends on expected future inflation and a … setting and hence alter the dynamic response of inflation to marginal costs. I first discuss the behavior of the variables …

This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the … lens of the Calvo model of staggered price-setting, which implies that inflation depends on expected future inflation and a … setting, and hence alter the dynamic response of inflation to marginal costs. I first discuss the behavior of the variables …

This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the … lens of the Calvo model of staggered price-setting, which implies that inflation depends on expected future inflation and a … setting, and hence alter the dynamic response of inflation to marginal costs. I first discuss the behavior of the variables …