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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Bibliografische gegevens
Hoofdauteur: Zanna, Luis-Felipe
Andere auteurs: Airaudo, Marco
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2010.
Reeks:IMF Working Papers; Working Paper ; No. 2010/296
Online toegang:Full text available on IMF