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Menu costs and inflation asymmetries : some micro data evidence

Karádi, Péter (contributor); Reiff, Àdám (contributor) - 2007

The paper explains the observed asymmetric inflation response to value-added tax (VAT) changes in Hungary by calibrating a standard sectoral menu cost model on a new micro-level CPI data set. The model is able to reproduce important moments of the data, and finds that the asymmetry can be...

Persistent link: https://www.econbiz.de/10003609331

Macroeconomic resilience in a DSGE model

Elbourne, Adam; Lanser, Debby; Smid, Bert; Vromans, Martin - 2008

Persistent link: https://www.econbiz.de/10003618937

The hump-shaped behavior of inflation and a dynamic externality

Tsuruga, Takayuki - 2005

Persistent link: https://www.econbiz.de/10003237625

Optimal fiscal and monetary policy : equivalence results

Correia, Isabel Horta; Nicolini, Juan Pablo; Teles, Pedro - In: Journal of political economy 116 (2008) 1, pp. 141-171

Persistent link: https://www.econbiz.de/10003680086

Limited rationality and strategic interaction : the impact of the strategic environment on nominal inertia

Fehr, Ernst; Tyran, Jean-Robert - In: Econometrica : journal of the Econometric Society, an … 76 (2008) 2, pp. 353-394

Persistent link: https://www.econbiz.de/10003680236

Optimal fiscal and monetary policy : equivalence results

Correia, Isabel Horta; Nicolini, Juan Pablo; Teles, Pedro - 2008

Persistent link: https://www.econbiz.de/10003709606

Essays on sluggishness in macroeconomics

Tsuruga, Takayuki - 2005

Persistent link: https://www.econbiz.de/10003384646

Optimal monetary policy under commitment with a zero bound on nominal interest rates

Adam, Klaus; Billi, Roberto M. - In: Journal of money, credit and banking : JMCB 38 (2006) 7, pp. 1877-1906

Persistent link: https://www.econbiz.de/10003386791

Oil prices, monetary policy, and counterfactual experiments

Carlstrom, Charles T.; Fuerst, Timothy S. - In: Journal of money, credit and banking : JMCB 38 (2006) 7, pp. 1945-1958

Persistent link: https://www.econbiz.de/10003386811

Three essays in macroeconomics

DiCecio, Riccardo - 2004

Persistent link: https://www.econbiz.de/10003386863

A service of the