Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Author "WEBER, Henning"

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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Author "WEBER, Henning"

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    Title: Product Replacement Bias in Inflation and its Consequences for Monetary Policy  Author(s): WEBER, Henning Date: 2012 Type of Publication: Article Abstract: 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 ...
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    Title: Monetary Policy and Mismeasured Inflation  Author(s): WEBER, Henning Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: I examine the standard New Keynesian model augmented with product entry and exit. The statistical agency in the model measures product entry with a delay. Consequently, measured in ation departs from true, utility-based ...