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Sticky Prices, Coordination and Collusion

Driscoll, John C. - 1999

New Keynesian models of price setting under monopolistic competition involve two kinds of inefficiency: the price level is too high because firms ignore an aggregate demand externality, and when there are costs of changing prices, price stickiness may be an equilibrium response to changes in...

Persistent link: https://www.econbiz.de/10012471622

Sticky Prices, Coordination and Collusion

Driscoll, John C.; Ito, Harumi - 2021

Persistent link: https://www.econbiz.de/10013249355

Policy uncertainty and informational monopolies : the case of monetary policy

Jones, Larry E.; Manuelli, Rodolfo E. - 1997

Persistent link: https://www.econbiz.de/10000973772

Market concentration, macroeconomic uncertainty and monetary policy

Giovannoni, Francesco; Tena, J. D. - In: European economic review : EER 52 (2008) 6, pp. 1097-1123

Persistent link: https://www.econbiz.de/10003766332

Optimal monetary policy under Calvo pricing with Bertrand competition

Etro, Federico; Rossi, Lorenza - In: Journal of macroeconomics 45 (2015), pp. 423-440

Persistent link: https://www.econbiz.de/10011578031

Financialisation and market concentration in the USA : a monetary circuit theory

Dögüs, Ilhan - 2021

This paper explains the emergence of financialisation of nonfinancial corporations (NFCs) in the USA by way of the … increased pension fund savings of white-collar workers which can be considered by Monetary Circuit Theory (MCT) as 'leakages …

Persistent link: https://www.econbiz.de/10012628044