Habit formation in state-dependent pricing models: implications for the dynamics of output and prices

DOI10.1016/J.ECONLET.2014.03.012MaRDI QIDQ397955zbMATH OpenOpenAlexFDO

Authors Phuong V. Ngo

Publication date 12 August 2014

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2014.03.012

zbMATH Keywords

habit formationmonetary policy transmission mechanismstate-dependent pricingsticky prices

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• Menu costs, multiproduct firms, and aggregate fluctuations
• State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output

Cited in

(4)

• Investigating nonneutrality in a state-dependent pricing model with firm-level productivity shocks
• HABIT FORMATION IN AN INTERDEPENDENT WORLD ECONOMY
• State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output
• Inflation dynamics under habit formation in hours

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