| dc.contributor.author | ANAGNOSTOPOULOS, Alexis | |
| dc.contributor.author | LICANDRO, Omar | |
| dc.date.accessioned | 2006-12-11T14:16:21Z | |
| dc.date.available | 2006-12-11T14:16:21Z | |
| dc.date.issued | 2006 | |
| dc.identifier.issn | 1725-6704 | |
| dc.identifier.uri | https://hdl.handle.net/1814/6397 | |
| dc.description.abstract | We provide a simple theory of inflation inertia in a staggered price setting frame-
work a la Calvo (1983). Contrary to Calvo's formulation, the frequency of price
changes is allowed to vary according to an evolutionary criterion. Inertia is the
direct result of gradual adjustment in this frequency following a permanent change
in the rate of money growth. | en |
| dc.format.extent | 191651 bytes | |
| dc.format.mimetype | application/pdf | |
| dc.language.iso | en | en |
| dc.publisher | European University Institute | |
| dc.relation.ispartofseries | EUI ECO | en |
| dc.relation.ispartofseries | 2006/33 | en |
| dc.rights | info:eu-repo/semantics/openAccess | |
| dc.title | An Evolutionary Theory of Inflation Inertia | en |
| dc.type | Working Paper | en |
| dc.neeo.contributor | ANAGNOSTOPOULOS|Alexis|aut| | |
| dc.neeo.contributor | LICANDRO|Omar|aut|EUI70006 | |
| eui.subscribe.skip | true | |
