Showing 1 - 1 of 1
It is clear that at present various versions of the Calvo (1983) model of price adjustment are dominant in monetary policy analysissee, e.g., Woodford (2003). This is true despite well-known criticisms including Mankiw (2001) or Mankiw and Reis (2002) and the well-documented need for the...
Persistent link: https://www.econbiz.de/10003486503