Essays on Sticky Prices and High Inflation Environments
It has been well established for a long time that sticky prices are fundamental to our understanding of monetary policy. Indeed, sticky prices are a common micro-foundation in models of monetary policy and nominal aggregate fluctuations, as monetary variables typically do not have real economic effe...
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| Language: | English |
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2016
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| Online Access: | https://doi.org/10.7916/D8FF3SDK |