Output and Inflation Dynamics under Price and Wage Staggering: Analytical Results

1 January 2003

journal article
Published by JSTOR in Annales D'economie Et de Statistique

No. 69
https://doi.org/10.2307/20076361

Abstract

In this paper we construct a dynamic stochastic general equilibrium model combining price and wage staggered contracts. A closed form solution is given for the ...

Keywords

WAGE STAGGERING
INFLATION DYNAMICS
PRICE
OUTPUT AND INFLATION
ANALYTICAL RESULTS

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