A dynamic economy with costly price adjustments

Keyphrases

• Price Adjustment 100%
• Money Supply 100%
• Dynamic Economy 100%
• Aggregate Productivity 100%
• Monetary Shocks 50%
• Pricing Decision 50%
• Welfare Consequences 50%
• Consumption Decisions 50%
• Price Index 50%
• Firm Productivity 50%
• General Equilibrium Model 50%
• Production Decision 50%
• Aggregate Output 50%
• Menu Costs 50%
• Productivity Shocks 50%
• Markov Perfect Equilibrium 50%
• Optimizing Behavior 50%

Economics, Econometrics and Finance

• Money Supply 100%
• Aggregate Productivity 100%
• Welfare 50%
• Pricing 50%
• Equilibrium Model 50%
• General Equilibrium 50%
• Gross Domestic Product 50%
• Adjustment Costs 50%