أعرض تسجيلة المادة بشكل مبسط
dc.creator |
Lenza, Michele |
|
dc.date |
2007 |
|
dc.date.accessioned |
2013-10-16T07:06:27Z |
|
dc.date.available |
2013-10-16T07:06:27Z |
|
dc.date.issued |
2013-10-16 |
|
dc.identifier |
http://hdl.handle.net/10419/19712 |
|
dc.identifier |
ppn:558629970 |
|
dc.identifier |
RePEc:zbw:bubdp1:7035 |
|
dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19712 |
|
dc.description |
This paper studies optimal monetary policy responses in an economy featuring sectorial heterogeneity in the frequency of price adjustments. It shows that a central bank facing heterogeneous nominal rigidities is more likely to behave less aggressively than in a fully sticky economy. Hence, the supposedly excessive caution in the conduct of monetary policy shown by central banks could be partly explained by the existence of a relevant sectorial dispersion in the frequency of price adjustments. |
|
dc.language |
eng |
|
dc.relation |
Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2007,35 |
|
dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
dc.subject |
E58 |
|
dc.subject |
E52 |
|
dc.subject |
E43 |
|
dc.subject |
ddc:330 |
|
dc.subject |
core inflation |
|
dc.subject |
elasticity of intertemporal substitution |
|
dc.subject |
heterogeneity |
|
dc.subject |
nominal rigidity |
|
dc.subject |
Geldpolitik |
|
dc.subject |
Inflationsrate |
|
dc.subject |
Preisspanne |
|
dc.subject |
Branche |
|
dc.subject |
Preisrigidität |
|
dc.subject |
Substitutionselastizität |
|
dc.subject |
Zeitpräferenz |
|
dc.subject |
Theorie |
|
dc.title |
Monetary policy and core inflation |
|
dc.type |
doc-type:workingPaper |
|
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أعرض تسجيلة المادة بشكل مبسط