The uniqueness of steady-state equilibrium under state-dependent pricing: the case of deflation (Q824013)
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scientific article; zbMATH DE number 7444973
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| English | The uniqueness of steady-state equilibrium under state-dependent pricing: the case of deflation |
scientific article; zbMATH DE number 7444973 |
Statements
The uniqueness of steady-state equilibrium under state-dependent pricing: the case of deflation (English)
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14 December 2021
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state-dependent price setting
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new Keynesian model
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multiple equilibria
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strategic complementarity
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deflation
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0.7153551578521729
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0.7108582854270935
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0.7022073268890381
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0.7000386118888855
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0.6956095695495605
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