Adjustment Is Much Slower Than You Think
Year of publication: |
2003
|
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Authors: | Caballero, Ricardo J. ; Engel, Eduardo M.R.A. |
Publisher: |
New Haven, CT : Yale University, Economic Growth Center |
Subject: | Geldpolitik | Schock | Wirkungsanalyse | Anpassung | Investition | Arbeitsnachfrage | Preisniveau | Theorie | USA | ARMA-Modell | Speed of adjustment | discrete adjustment | lumpy adjustment | aggregation | Calvo model | ARMA process | partial adjustment | expected response time | monetary policy | investment | labor demand | sticky prices | idiosyncratic shocks | impulse response function | Wold representation | time-to-build |
Series: | Center Discussion Paper ; 865 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 881001007 [GVK] hdl:10419/98315 [Handle] RePEc:egc:wpaper:865 [RePEc] |
Classification: | C22 - Time-Series Models ; C43 - Index Numbers and Aggregation ; D2 - Production and Organizations ; E2 - Consumption, Saving, Production, Employment, and Investment ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit |
Source: |
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Adjustment is much slower than you think
Caballero, Ricardo J., (2003)
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Adjustment Is Much Slower Than You Think
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