Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Bredemeier, Christian | - |
dc.contributor.author | Goecke, Henry | - |
dc.date.accessioned | 2012-06-12T08:35:33Z | - |
dc.date.available | 2012-06-12T08:35:33Z | - |
dc.date.issued | 2012-06-12 | - |
dc.identifier.uri | http://hdl.handle.net/2003/29472 | - |
dc.identifier.uri | http://dx.doi.org/10.17877/DE290R-3369 | - |
dc.description.abstract | This paper compares sticky-price and sticky-information Phillips curves empirically considering inflation dynamics in eleven countries (the G7 and Scandinavia). We evaluate the models` abilities to match empirical second moments of inflation. Although overall model performance is similar, there is a strong systematic pattern in model performance by moment type. Sticky prices match unconditional moments of inflation dynamics clearly better while sticky information is considerably more successful in matching co-movements of inflation with demand. | en |
dc.language.iso | en | de |
dc.relation.ispartofseries | Discussion Paper / SFB 823;22/2012 | - |
dc.subject | Phillips curve | en |
dc.subject | sticky information | en |
dc.subject | sticky prices | en |
dc.subject.ddc | 310 | - |
dc.subject.ddc | 330 | - |
dc.subject.ddc | 620 | - |
dc.title | Sticky prices vs. sticky information | en |
dc.title.alternative | A cross-country study of inflation dynamics | en |
dc.type | Text | de |
dc.type.publicationtype | workingPaper | de |
dcterms.accessRights | open access | - |
Appears in Collections: | Sonderforschungsbereich (SFB) 823 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
DP_2212_SFB823_Bredemeier_Goecke.pdf | DNB | 241.79 kB | Adobe PDF | View/Open |
This item is protected by original copyright |
This item is protected by original copyright rightsstatements.org