Publication
Jun 2007
This paper surveys work on micro price data, focusing on those aspects related to the conformity of assumptions used in deriving the New Keynesian Phillips Curve and its different variants. The author provides an overview of a number of papers addressing price-setting behavior and discusses their advantages and drawbacks.
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English (PDF, 31 pages, 280 KB) |
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Author | Luis J Alvarez |
Series | Kiel Institute Working Papers |
Issue | 1330 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2007 Kiel Institute for the World Economy |