A Proof of Determinacy in the New-Keynesian Sticky Wages and Prices Model
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Cited by:
- Gabriele Sarais & Damiano Brigo, 2014. "Inflation securities valuation with macroeconomic-based no-arbitrage dynamics," Papers 1403.7799, arXiv.org, revised Jul 2014.
- Best, Gabriela, 2015. "A New Keynesian model with staggered price and wage setting under learning," Journal of Economic Dynamics and Control, Elsevier, vol. 57(C), pages 96-111.
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More about this item
Keywords
Determinacy; New-Keynesian wage and price Phillips curves; variable period length; continuous-time limit; Taylor principle;All these keywords.
JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2008-09-20 (Central Banking)
- NEP-LAB-2008-09-20 (Labour Economics)
- NEP-MAC-2008-09-20 (Macroeconomics)
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