Learning About Inflation Measures for Interest Rate Rules /

Empirical evidence suggests that goods are highly heterogeneous with respect to the degree of price rigidity. We develop a DSGE model featuring heterogeneous nominal rigidities across two sectors to study the equilibrium determinacy and stability under adaptive learning for interest rate rules that...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Zanna, Luis-Felipe
Weitere Verfasser: Airaudo, Marco
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/296
Online Zugang:Full text available on IMF