Silva, J.M.C. Santos; Marques, Carlos Robalo; Dias, Daniel - In: Economics Bulletin 4 (2007) 6, pp. 1-8
In this note we reappraise the measure of the importance of time-dependent price setting rules suggested by Klenow and Kryvtsov (2005, "State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation?," Bank of Canada Working Paper 05-4). Furthermore, we propose an...
