Altig, David; Christiano, Lawrence J.; Eichenbaum, Martin S. - 2004 - [Elektronische Ressource]
pictures of price behavior. Macroeconomic
data suggest that inflation is inertial. Microeconomic data indicate that firms … is
consistent with post-war U.S. evidence on inflation inertia even though firms re-optimize prices on
average once … Codes: E3, E4, E5
Keywords: capital, inflation, price behavior
1. Introduction …