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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Bibliografski detalji
Glavni autor: Zanna, Luis-Felipe
Daljnji autori: Airaudo, Marco
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2010.
Serija:IMF Working Papers; Working Paper ; No. 2010/296
Online pristup:Full text available on IMF