Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/149122
Authors: 
Šauer, Radek
Year of Publication: 
2016
Series/Report no.: 
Discussion Paper, Deutsche Bundesbank 50/2016
Abstract: 
I derive the imperfect-common-knowledge Phillips curve under the assumption of Rotemberg pricing. The curve differs from the Calvo version in one important aspect. Expectations of future relative prices impact in ation.
Subjects: 
Phillips Curve
Rotemberg
Imperfect Knowledge
JEL: 
D83
E31
ISBN: 
978-3-95729-331-2
Document Type: 
Working Paper

Files in This Item:
File
Size
342.39 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.