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- W2890971148 abstract "The classic models of staggered adjustment of Taylor and Blanchard takes the frequency of price or wage adjustment as exogenous. This paper develops a model in which the frequency of price changes in endogenous. It then uses the model to analyze the effects of changes in the parameters of the economy on the frequency of adjustment and the real effects of monetary shocks." @default.
- W2890971148 created "2018-09-27" @default.
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- W2890971148 date "1989-07-01" @default.
- W2890971148 modified "2023-09-27" @default.
- W2890971148 title "Staggered Price Setting with Endogenous Frequency of Adjustment" @default.
- W2890971148 hasPublicationYear "1989" @default.
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