Fougère, Denis; Gautier, Erwan; Le Bihan, Hervé - Institute for the Study of Labor (IZA) - 2009
, minimum wage, inflation, restaurant prices
Corresponding author:
Denis Fougère
CREST-INSEE
15 Boulevard Gabriel … very sticky prices are of particular interest from a monetary policy perspective:
Aoki (2001) shows that the optimal … monetary policy should put more emphasis on stabilizing
the in�ation rate in the stickiest sectors. Some recent papers have …