Habit formation in state-dependent pricing models: implications for the dynamics of output and prices

DOI10.1016/J.ECONLET.2014.03.012zbMath1293.91135OpenAlexW2038267732MaRDI QIDQ397955

Phuong V. Ngo

Publication date: 12 August 2014

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2014.03.012

zbMATH Keywords

sticky priceshabit formationmonetary policy transmission mechanismstate-dependent pricing

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• Menu Costs, Multiproduct Firms, and Aggregate Fluctuations
• State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output

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