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Menu costs, price dispersion, and aggregate fluctuations

Midrigan, Virgiliu - 2006

Persistent link: https://www.econbiz.de/10003965675

(S,s) pricing : does the heterogeneity wipe out the asymmetry on micro level?

Babutsidze, Zakaria - 2010

This paper presents a model of asymmetric (S,s) pricing. We investigate whether the asymmetry on micro level is carried over on macro level and what is the role of agent heterogeneity in the process. We look at two kinds of asymmetries: (i) asymmetric output responses monetary shocks and (ii)...

Persistent link: https://www.econbiz.de/10003984536

Price setting with menu cost for multiproduct firms

Alvarez, Fernando; Lippi, Francesco - In: Econometrica : journal of the Econometric Society, an … 82 (2014) 1, pp. 89-135

Persistent link: https://www.econbiz.de/10010403901

The Macroeconomics of Sticky Prices with Generalized Hazard Functions

Alvarez, Fernando - 2020

spell durations. Second, we derive a sufficient statistic for the aggregate effect of a monetary shock: given an arbitrary … generalized hazard function, the cumulative impulse response to a once-and-for-all monetary shock is given by the ratio of the …

Persistent link: https://www.econbiz.de/10012829577