๐”– Bobbio Scriptorium
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The relationship between real-time and discrete-generation models of epidemic spread

โœ Scribed by Lorenzo Pellis; Neil M. Ferguson; Christophe Fraser

Book ID
116733070
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
262 KB
Volume
216
Category
Article
ISSN
0025-5564

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๐Ÿ“œ SIMILAR VOLUMES

The real effects of inflation in continu
The real effects of inflation in continuous versus discrete time sticky price models
โœ Wai-Yip Alex Ho; James Yetman ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 293 KB

## Abstract We demonstrate the important implications of the assumptions of discrete time in many sticky price models of the macroeconomy. For a given level of menu costs, discrete time models imply longer average contract length but smaller real effects of both trend inflation and monetary shocks