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Costs of Price Adjustment and the Welfare Economics of Inflation and Disinflation
16 references·15 citing·34 second hop
Costs of Price Adjustment and the Welfare Economics of Inflation and Disinflation (1988)Costs of Price Adjustment and the Welfare…The Optimum Quantity of Money (2017)The Optimum Quantity of MoneyThe Equilibrium and Optimal Timing of Price Changes (1989)The Equilibrium and Optimal T…Search, Price Setting and Inflation (1988)Search, Price Setting and Inf…Monopolistic Competition and the Effects of Aggregate Demand (1987)Monopolistic Competition and …Menu Costs and the Neutrality of Money (1987)Menu Costs and the Neutrality…The Rigidity of Prices (1986)The Rigidity of PricesThe Output-Inflation Trade-off When Prices Are Costly to Change (1986)The Output-Inflation Trade-of…The frequency of price adjustment (1986)The frequency of price adjust…Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly (1985)Small Menu Costs and Large Bu…A Near-Rational Model of the Business Cycle, with Wage and Price Inertia (1985)A Near-Rational Model of the …ASYMMETRIC PRICE RIGIDITY AND INFLATIONARY BIAS (1983)ASYMMETRIC PRICE RIGIDITY AND…Relative Shocks, Relative Price Variability, and Inflation (1981)Relative Shocks, Relative Pri…The Welfare Cost of Inflation and the Role of Money as a Unit of Account (1977)The Welfare Cost of Inflation…Inflation and Costs of Price Adjustment (1977)Inflation and Costs of Price …A Theory of Monopolistic Price Adjustment (1972)A Theory of Monopolistic Pric…THE WELFARE COST OF INFLATIONARY FINANCE (1956)THE WELFARE COST OF INFLATION…Imperfectly Credible Disinflation under Endogenous Time‐Dependent Pricing (2010)Imperfectly Credible Disinfla…Adjustment Costs, Inventories and Output (2008)Adjustment Costs, Inventories…Inflation, relative price variability and the markup: Evidence from the United States and the United Kingdom (2006)Inflation, relative price var…Beyond the Cost of Price Adjustment: Investments in Pricing Capital (2005)Beyond the Cost of Price Adju…A reinvestigation of the markup and the business cycle (2003)A reinvestigation of the mark…The Impact of Inflation and Uncertainty on the Optimum Markup Set by Firms (2002)The Impact of Inflation and U…Nominal rigidities and the optimal rate of inflation (2002)Nominal rigidities and the op…An optimising model of price adjustment with missing information (2002)An optimising model of price …Output and Welfare Effects of Inflation with Costly Price and Quantity Adjustments (2001)Output and Welfare Effects of…Transitional and Steady‐state Costs of Disinflattion When Growth is Endogenou (1999)Transitional and Steady‐state…A Dynamic Economy with Costly Price Adjustments (1999)A Dynamic Economy with Costly…Stopping Inflations, Big and Small (1997)Stopping Inflations, Big and …Inflation and Economic Growth in the Philippines (1996)Inflation and Economic Growth…Optimal disinflationary paths (1995)Optimal disinflationary pathsInflation and Efficiency in Search Markets (1992)Inflation and Efficiency in S…Specification Tests in Econometrics (1978)Aggregate Dynamics and Staggered Contracts (1980)Sticky Prices in the United States (1982)Relative-Price Changes as Aggregate Supply Shocks (1995)What is new-Keynesian economics? (1997)Sticky Prices and Monetary Policy: Evidence from Disaggregated US Data (2009)The New Keynesian Microfoundations (1987)Market Microstructure and Intermediation (1996)The Optimality of (S,s) Policies in the Dynamic Inventory Problem (2005)Labor Demand and the Structure of Adjustment Costs (2017)Rules for Ordering Uncertain Prospects (1969)Monopolistic Price Adjustment and Aggregate Output (1982)Staggered prices in a utility-maximizing framework (1983)Menu Costs and Phillips Curves (2007)Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule (1977)Noise (1986)Public Debt as Private Liquidity (1990)A Monetary Explanation of the Equity Premium, Term Premium, and Risk-Free Rate Puzzles (1996)Macroeconomic Consequences of Remittances (2008)Nominal price rigidity, money supply endogeneity, and business cycles (1996)Low inflation, pass-through, and the pricing power of firms (2000)Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates? (2002)An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)Some Evidence on the Importance of Sticky Prices (2004)Five Facts about Prices: A Reevaluation of Menu Cost Models * (2008)Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve (2001)Behavioral Macroeconomics and Macroeconomic Behavior (2002)State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation? * (2008)Coordinating Coordination Failures in Keynesian Models (1988)The Contributions of the Economics of Information to Twentieth Century Economics (2000)Information and the Change in the Paradigm in Economics (2002)INFLATION IN THE THEORY OF PUBLIC FINANCE (1979)The ‘New’ Theory of Optimum Currency Areas (1993)Cointegration Vector Estimation by Panel DOLS and Long‐run Money Demand* (2003)
this work references cited by second hop

References

  • 1987Monopolistic Competition and the Effects of Aggregate Demand1,457 cited
  • 1985Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly1,223 cited
  • 1985A Near-Rational Model of the Business Cycle, with Wage and Price Inertia894 cited
  • 1977Inflation and Costs of Price Adjustment758 cited
  • 1987Menu Costs and the Neutrality of Money672 cited
  • 1986The Rigidity of Prices645 cited
  • 2017The Optimum Quantity of Money562 cited
  • 1972A Theory of Monopolistic Price Adjustment513 cited
  • 1986The frequency of price adjustment427 cited
  • 1956THE WELFARE COST OF INFLATIONARY FINANCE355 cited
  • 1981Relative Shocks, Relative Price Variability, and Inflation343 cited
  • 1988Search, Price Setting and Inflation182 cited
  • 1986The Output-Inflation Trade-off When Prices Are Costly to Change164 cited
  • 1989The Equilibrium and Optimal Timing of Price Changes108 cited
  • 1977The Welfare Cost of Inflation and the Role of Money as a Unit of Account53 cited
  • 1983ASYMMETRIC PRICE RIGIDITY AND INFLATIONARY BIAS

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43 cited

Cited by

  • 1999A Dynamic Economy with Costly Price Adjustments142 cited
  • 1992Inflation and Efficiency in Search Markets117 cited
  • 1995Optimal disinflationary paths34 cited
  • 1997Stopping Inflations, Big and Small30 cited
  • 2005Beyond the Cost of Price Adjustment: Investments in Pricing Capital27 cited
  • 2010Imperfectly Credible Disinflation under Endogenous Time‐Dependent Pricing26 cited
  • 2008Adjustment Costs, Inventories and Output21 cited
  • 2003A reinvestigation of the markup and the business cycle20 cited
  • 2001Output and Welfare Effects of Inflation with Costly Price and Quantity Adjustments17 cited
  • 1999Transitional and Steady‐state Costs of Disinflattion When Growth is Endogenou17 cited
  • 2002Nominal rigidities and the optimal rate of inflation16 cited
  • 1996Inflation and Economic Growth in the Philippines15 cited
  • 2006Inflation, relative price variability and the markup: Evidence from the United States and the United Kingdom14 cited
  • 2002The Impact of Inflation and Uncertainty on the Optimum Markup Set by Firms14 cited
  • 2002An optimising model of price adjustment with missing information13 cited