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~institution:"Department of Economics and Business, Universitat Pompeu Fabra"
~institution:"Institutt for Samfunnsøkonomi <Bergen, Norwegen>"
~language:"eng"
~person:"Cabrales, Antonio"
~person:"Galí, Jordi"
~subject:"Business Cycles"
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Cabrales, Antonio
Galí, Jordi
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Department of Economics and Business, Universitat Pompeu Fabra
Institutt for Samfunnsøkonomi <Bergen, Norwegen>
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Markups, gaps and the welfare costs of
business
fluctuations
Galí, Jordi
;
Gertler, Mark
;
López-Salido, J. David
-
Department of Economics and Business, Universitat …
-
2005
business
fluctuations. We find that the latter costs are modest on average. However, to the extent the flexible price …
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