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- W2108688295 abstract "The equilibrium approach to price stickiness explains the apparent inflexibility of money prices as one possible equilibrium in a model that contains multiple equilibria. This paper points out that the equilibrium approach is robust to the assumption that agents may write contracts that are contingent upon the realization of the money supply." @default.
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- W2108688295 date "1992-04-01" @default.
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- W2108688295 title "Nominal price stickiness as a rational expectations equilibrium" @default.
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- W2108688295 doi "https://doi.org/10.1016/0165-1889(92)90036-e" @default.
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