Boivin, Jean; Giannoni, Marc P.; Mihov, Ilian - Center for Financial Studies - 2007
, Ph.D.
* We thank Piotr Eliasz for valuable discussions and participants at the NBER Monetary Economics summer institute … Business School, 824 Uris Hall, 3022 Broadway, New York, NY 10027; Email: mg2190@columbia.edu
3 INSEAD, 77300 Fontainebleau …-
erablecontroversyinmacroeconomics. Aproper assessmentof thespeedof priceadjustment
is crucial to understand the sources of business cycle fluctuations …