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...

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Detalles Bibliográficos
Autor principal: Zanna, Luis-Felipe
Otros Autores: Airaudo, Marco
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Colección:IMF Working Papers; Working Paper ; No. 2010/296
Acceso en línea:Full text available on IMF