New-Keynesian Phillips curve with Bertrand competition and endogenous entry

DOI10.1016/J.JEDC.2014.10.009MaRDI QIDQ1624006zbMATH OpenOpenAlexFDO

Authors Federico Etro, Lorenza Rossi

Publication date 15 November 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://dem-web.unipv.it/web/docs/dipeco/quad/ps/RePEc/pav/demwpp/DEMWP0079.pdf

zbMATH Keywords

inflationBertrand competitionNew Keynesian Phillips curveoptimal monetary policyendogenous entrystaggered prices

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Special types of economic markets (including Cournot, Bertrand) (91B54)

Recommendations

• The `New Keynesian' Phillips curve: closed economy versus open economy.
• Price-setting behaviour, competition, and markup shocks in the New Keynesian model
• Entry of firms and cost of disinflation in New Keynesian models
• The New Keynesian Phillips curve with myopic agents
• The inflation bias under Calvo and Rotemberg pricing

Cites work

• An OLS approach to computing Ramsey equilibria in medium-scale macroeconomic models
• Determinacy analysis in high order dynamic systems: the case of nominal rigidities and limited asset market participation
• Endogenous market structures in the credit market and Ricardian equivalence
• International trade and macroeconomic dynamics with heterogeneous firms
• Monopolistic Price Adjustment and Aggregate Output
• Oligopolistic competition and optimal monetary policy
• Optimal Interest-Rate Smoothing
• Optimal Monetary Policy
• Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
• Optimal monetary policy rules with labor market frictions

Cited in

(4)

• Welfare-improving effect of a small number of followers in a Stackelberg model
• Endogenous market structures in the credit market and Ricardian equivalence
• The `New Keynesian' Phillips curve: closed economy versus open economy.
• Entry of firms and cost of disinflation in New Keynesian models

This page was built for publication: New-Keynesian Phillips curve with Bertrand competition and endogenous entry

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1624006)