Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212973 
Year of Publication: 
2008
Series/Report no.: 
Scientific monographs No. E:40
Publisher: 
Bank of Finland, Helsinki
Abstract: 
1 Introduction . 10 2 Alternative models for optimal price setting 16 2.1 Basic model with endogenous supply 17 2.2 Optimal price setting models . 21 2.2.1 Optimal price setting with fully flexible prices 21 2.2.2 Optimal non-overlapping price setting with nominal rigidities . 23 2.2.3 Optimal overlapping price setting with nominal rigidities . 26 3 Three Phillips curve relationships 28 3.1 The New Classical Phillips curve 29 3.2 The New Keynesian Phillips curve 31 3.3 The Hybrid Phillips curve 34 4 Related studies 36 5 Review of the articles 41 References 44
Persistent Identifier of the first edition: 
ISBN: 
978-952-462-473-2
Document Type: 
Book

Files in This Item:
File
Size





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