Permanent effects of monetary policy in a dynamic menu cost model

DOI10.1016/0165-1765(96)00838-5MaRDI QIDQ671702zbMATH OpenOpenAlexFDO

Authors Per Svejstrup Hansen

Publication date 27 February 1997

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0165-1765(96)00838-5

zbMATH Keywords

Uncertainty(SMenu costsMonetary policys)-rules

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Recommendations

• Monetary non-neutrality in a multisector menu cost model
• Optimal monetary rules under persistent shocks
• MONETARY PERSISTENCE, IMPERFECT COMPETITION, AND STAGGERING COMPLEMENTARITIES
• Menu costs and the long-run output--inflation trade-off.
• scientific article; zbMATH DE number 7318970
• Endogenous Cycles and Menu Costs: A Dynamic Macroeconomic Model of Monopoly
• Monetary policy and stable indeterminacy with inertia
• Changes in the effects of monetary policy on disaggregate price dynamics
• Monetary persistence and the labor market: a new perspective

Cites work

• Inflation and Costs of Price Adjustment
• Optimum Pricing Policy under Stochastic Inflation
• Price Adjustments with Stochastic Inflation
• State-Dependent Pricing and the Dynamics of Money and Output

Cited in

(3)

• Menu costs and the long-run output--inflation trade-off.
• Frequent price changes under menu costs
• Inefficacy of temporary policy in Neumeyer-Yano's monetary model

This page was built for publication: Permanent effects of monetary policy in a dynamic menu cost model

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q671702)