Browsing by Subject "productivity, monetary policy, market dynamics"

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Browsing by Subject "productivity, monetary policy, market dynamics"

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    Title: Towards a Theory of Firm Entry and Stabilization Policy  Author(s): BERGIN, Paul; CORSETTI, Giancarlo Date: 2005 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper studies the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where ...