Sluggish Responses of Prices and Inflation to Monetary Shocks in an Inventory Model of Money Demand*

DOI10.1162/QJEC.2009.124.3.911zbMath1182.91107OpenAlexW2166667681WikidataQ56481845 ScholiaQ56481845MaRDI QIDQ5850916

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Publication date: 20 January 2010

Published in: Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1162/qjec.2009.124.3.911

zbMATH Keywords

inflationvelocityinterest ratesM2

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Consumer behavior, demand theory (91B42) Economic dynamics (91B55)

Related Items (3)

Government financing, inflation, and the financial sector ⋮ Optimal monetary policy with heterogeneous money holdings ⋮ The Analytic Theory of a Monetary Shock

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