Aïssa, Mohamed Safouane Ben; Musy, Olivier - In: Recherches économiques de Louvain 71 (2005) 2, pp. 175-191
predetermined prices of Mankiw and Reis (2002), and the model with fixed prices of Gali and Gertler (1999). None of the other … alternatives, including the fixed prices model of Fuhrer and Moore (1995), is able to reproduce correctly the delayed response of … inflation. Then, when analyzing the inflation persistence implied by fixed prices models, the hypothesis on the structure of …