Add to ORKGThis paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has often been argued that existing models of pricing fail to explain the persistence that we observe. We adopt a common general framework which allows for an explicit modelling of the distribution of contract lengths and for different types of price setting. We also evaluate how far the theories are consistent with recent evidence on price and wage rigidity. We find that allowing for a distribution of durations can take us a long way to solving the puzzle of inflation persistence, but not all the way yet
Most wage-contracting models with rational expectations fail to replicate the persistence in inflati...
This paper proposes a dynamic stochastic general equilibrium model that endogenously generates infla...
The paper provides an empirical analysis of inflation persistence in one of the inflation targeting ...
This paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has of...
This paper adopts the impulse-response methodology to understand inflation persistence. It has often...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
There is much evidence that price-adjustment frequencies vary widely across industries. This paper s...
This paper proposes a sticky inflation model in which inflation persistence is endogenously generate...
It is commonly asserted that inflation is a jump variable in the New Keynesian Phillips curve, and t...
It is often argued that the New Keynesian Phillips curve is at odds with the data because it cannot ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
This paper argues that the parameters of monetary policy rules affect the persistence of inflation ...
A major criticism against staggered nominal contracts is that they give rise to the so called "persi...
Most wage-contracting models with rational expectations fail to replicate the persistence in inflati...
This paper proposes a dynamic stochastic general equilibrium model that endogenously generates infla...
The paper provides an empirical analysis of inflation persistence in one of the inflation targeting ...
This paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has of...
This paper adopts the impulse-response methodology to understand inflation persistence. It has often...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
There is much evidence that price-adjustment frequencies vary widely across industries. This paper s...
This paper proposes a sticky inflation model in which inflation persistence is endogenously generate...
It is commonly asserted that inflation is a jump variable in the New Keynesian Phillips curve, and t...
It is often argued that the New Keynesian Phillips curve is at odds with the data because it cannot ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
It has been widely argued that inflation persistence since WWII has been widespread and durable and ...
This paper argues that the parameters of monetary policy rules affect the persistence of inflation ...
A major criticism against staggered nominal contracts is that they give rise to the so called "persi...
Most wage-contracting models with rational expectations fail to replicate the persistence in inflati...
This paper proposes a dynamic stochastic general equilibrium model that endogenously generates infla...
The paper provides an empirical analysis of inflation persistence in one of the inflation targeting ...