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- W4210439473 abstract "Monetary business cycle (MBC) models are general equilibrium models designed to analyse how monetary shocks affect output, prices, and interest rates. This article describes the analytic framework underlying sticky prices and wages in modern MBC models, and highlights the prominent role that these rigidities play in the transmission of nominal and real shocks." @default.
- W4210439473 created "2022-02-08" @default.
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- W4210439473 date "2008-01-01" @default.
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- W4210439473 title "Monetary Business Cycle Models (Sticky Prices and Wages)" @default.
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- W4210439473 doi "https://doi.org/10.1057/978-1-349-95121-5_2852-1" @default.
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