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...
מחבר ראשי: | |
---|---|
מחברים אחרים: | |
פורמט: | כתב-עת |
שפה: | English |
יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2010.
|
סדרה: | IMF Working Papers; Working Paper ;
No. 2010/296 |
גישה מקוונת: | Full text available on IMF |