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The inflation bias revisited: theory and some international evidence

โœ Scribed by Alex Cukierman; Stefan Gerlach


Book ID
108550317
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
208 KB
Volume
71
Category
Article
ISSN
1463-6786

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โœ Oleg Korenok; Stanislav Radchenko; Norman R. Swanson ๐Ÿ“‚ Article ๐Ÿ“… 2010 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 247 KB

## Abstract We take an agnostic view of the Phillips curve debate, and carry out an empirical investigation of the relative and absolute efficacy of Calvo sticky price (SP), sticky information (SI), and sticky price with indexation models (SPI), with emphasis on their ability to mimic inflationary