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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Zanna, Luis-Felipe
Muut tekijät: Airaudo, Marco
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2010.
Sarja:IMF Working Papers; Working Paper ; No. 2010/296
Linkit:Full text available on IMF