Fair Behavior and Inflation Persistence
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Note: I would like to thank Björn Frank and Oliver Kirchkamp for helpful comments. Financial support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged.
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More about this item
Keywords
inflation inertia; fairness; staggered contracts; inflation expectations; behavioral macroeconomics;All these keywords.
JEL classification:
- D - Microeconomics
- E - Macroeconomics and Monetary Economics
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
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