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Inflation, output and markup dynamics with purely forward-looking wage and price setters

Phaneuf, Louis; Sims, Eric R.; Victor, Jean Gardy - In: European economic review : EER 105 (2018), pp. 115-134

Persistent link: https://www.econbiz.de/10012128352

Price setting frequency and the Phillips Curve

Gasteiger, Emanuel; Grimaud, Alex - 2020

We develop a New Keynesian (NK) model with endogenous price setting frequency. Whether a firm updates its price in a given period depends on an analysis of expected cost and benefits modelled by a discrete choice process. A firm decides to update the price when expected benefits outweigh...

Persistent link: https://www.econbiz.de/10012197700

Price setting frequency and the Phillips curve

Gasteiger, Emanuel; Grimaud, Alex - In: European economic review : EER 158 (2023), pp. 1-22

Persistent link: https://www.econbiz.de/10014460566

The nonlinearity of the new Keynesian Phillips Curve : the case of Tunisia

Kobbi, Imen; Gabsi, Foued Badr - In: Economies : open access journal 5 (2017) 3, pp. 1-12

Keynesian assumption ofprice rigidity and show that the response of inflation to the output gap tends to be significant only if … the inflation rate tends to be relatively high and exceeds a certain threshold. For a low inflation rate, the price … during which the elasticity of inflation rate to an excess demand has become highly important and the inflation rate …

Persistent link: https://www.econbiz.de/10011754075