Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059764 | Economics Letters | 2013 | 4 Pages |
Abstract
Introducing costs of entry in the product market into a New Keynesian model with Calvo-type price setting and non zero steady state inflation is a means to restore output costs of disinflation in the short run, before output gains in the long run.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Laurence Bloch,