Report

SLUGGISH RESPONSES OF PRICES AND INFLATION TO MONETARY SHOCKS IN AN INVENTORY MODEL OF MONEY DEMAND

Fernando Alvarez, Andrew Atkeson, Chris Edmond

The Quarterly Journal of Economics | OXFORD UNIV PRESS INC | Published : 2009

DOI: 10.1162/qjec.2009.124.3.911

University of Melbourne Researchers

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Keywords

Social Sciences
Economics
Transactions Demand
Interest-Rates
Exchange-Rates
Dynamics
Rational-Expectations
Costs
Business & Economics