The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation*

DOI10.1093/QJE/QJY017zbMath1405.91458OpenAlexW2515346722MaRDI QIDQ4647486

Jón Steinsson, Patrick Sun, Emi Nakamura, Daniel Villar

Publication date: 15 January 2019

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: http://www.nber.org/papers/w22505.pdf

zbMATH Keywords

price dispersionNew Keynesian modelscosts of inflation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (6)

A horse race of alternative monetary policy regimes under bounded rationality ⋮ Strategic mistakes ⋮ The Phillips curve at 65: time for time and frequency ⋮ The Analytic Theory of a Monetary Shock ⋮ On time-dependent nominal contracting models with positive trend inflation ⋮ Should the ECB adjust its strategy in the face of a lower \(r^\star\)?

This page was built for publication: The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation*