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Browsing RSCAS Articles by Author "WEBER, Henning"
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Title:Product Replacement Bias in Inflation and its Consequences for Monetary Policy
Author(s):WEBER, HenningDate:2012Type of Publication:ArticleAbstract:The paper examines a New Keynesian model with product entry and exit and with two types of households. Households consume different product baskets, and therefore, face different inflation rates. The statistical bureau ...