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dc.contributor.authorANAGNOSTOPOULOS, Alexis
dc.contributor.authorLICANDRO, Omar
dc.date.accessioned2006-12-11T14:16:21Z
dc.date.available2006-12-11T14:16:21Z
dc.date.issued2006
dc.identifier.issn1725-6704
dc.identifier.urihttp://hdl.handle.net/1814/6397
dc.description.abstractWe 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.extent191651 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherEuropean University Institute
dc.relation.ispartofseriesEUI ECOen
dc.relation.ispartofseries2006/33en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.titleAn Evolutionary Theory of Inflation Inertiaen
dc.typeWorking Paperen
dc.neeo.contributorANAGNOSTOPOULOS|Alexis|aut|
dc.neeo.contributorLICANDRO|Omar|aut|EUI70006
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