Sticky price models of the business cycle: Can the roundabout production solve the persistence puzzle?
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DOI: 10.1016/j.econlet.2017.08.028
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More about this item
Keywords
Endogenous propagation; Persistence puzzle; Sticky-price model; Roundabout production structure;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
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