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...
1. Verfasser: | |
---|---|
Weitere Verfasser: | |
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 |