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Can aggregation explain the persistence of inflation?
16 references·16 citing·48 second hopsampled
Can aggregation explain the persistence of inflation? (2009)Can aggregation explain the persistence o…Price Setting in the Euro Area: Some Stylized Facts from Individual Consumer Price Data (2010)Price Setting in the Euro Are…Sticky Prices and Monetary Policy: Evidence from Disaggregated US Data (2009)Sticky Prices and Monetary Po…Long Memory Relationships and the Aggregation of Dynamic Models (2008)Long Memory Relationships and…The persistence of inflation in the United States (2006)The persistence of inflation …Heterogeneity in Price Stickiness and the Real Effects of Monetary Shocks (2006)Heterogeneity in Price Sticki…Price setting in the euro area: some stylized facts from individual consumer price data (2005)Price setting in the euro are…Some Evidence on the Importance of Sticky Prices (2004)Some Evidence on the Importan…Some Evidence on the Importance of Sticky Prices (2002)Some Evidence on the Importan…PPP Strikes Back: Aggregation And the Real Exchange Rate (2002)PPP Strikes Back: Aggregation…Macroeconomic Forecasting Using Diffusion Indexes (2002)Macroeconomic Forecasting Usi…The Generalized Dynamic-Factor Model: Identification and Estimation (2000)The Generalized Dynamic-Facto…Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem? (2000)Sticky Price Models of the Bu…Log-Periodogram Regression of Time Series with Long Range Dependence (1995)Log-Periodogram Regression of…Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets (1983)Arbitrage, Factor Structure, …Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets (1982)Arbitrage, Factor Structure, …Long memory relationships and the aggregation of dynamic models (1980)Long memory relationships and…Sectoral Price Facts in a Sticky-Price Model (2020)Sectoral Price Facts in a Sti…Changing transmission of monetary policy on disaggregate inflation in India (2020)Changing transmission of mone…Oil Price Pass-through into Core Inflation (2019)Oil Price Pass-through into C…Term Structure Persistence (2015)Term Structure PersistenceLong memory affine term structure models (2015)Long memory affine term struc…Core Inflation and Trend Inflation (2015)Core Inflation and Trend Infl…Crop Supply Dynamics and the Illusion of Partial Adjustment (2014)Crop Supply Dynamics and the …Sectoral price rigidity and aggregate dynamics (2013)Sectoral price rigidity and a…Global Versus Local Shocks in Micro Price Dynamics (2012)Global Versus Local Shocks in…Changes in the effects of monetary policy on disaggregate price dynamics (2012)Changes in the effects of mon…Sectoral Price Facts in a Sticky-Price Model (2011)Sectoral Price Facts in a Sti…Sectoral Phillips curves and the aggregate Phillips curve (2011)Sectoral Phillips curves and …Heterogeneity in bank pricing policies: The Czech evidence (2011)Heterogeneity in bank pricing…Macroeconomics, finance, commodities: Interactions with carbon markets in a data-rich model (2010)Macroeconomics, finance, comm…Infl ation Expectations and the Conduct of Monetary Policy: A Review of Recent Evidence and Experience (2010)Infl ation Expectations and t…Changes in the Transmission of Monetary Policy: Evidence from a Time-Varying Factor-Augmented VAR (2010)Changes in the Transmission o…Business Cycle Modeling Without Pretending to Have Too Much A Priori Economic Theory (1977)Panels with Nonstationary Multifactor Error Structures (2006)Exploring the international linkages of the euro area: a global VAR analysis (2007)U.S. Monetary Policy and the Global Financial Cycle (2020)Forecasting Using Principal Components From a Large Number of Predictors (2002)Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure (2006)Measuring Uncertainty (2015)THE ESTIMATION AND APPLICATION OF LONG MEMORY TIME SERIES MODELS (1983)Long memory and persistence in aggregate output (1989)A Fractional Cointegration Analysis of Purchasing Power Parity (1993)The Distribution of Realized Exchange Rate Volatility (2001)The distribution of realized stock return volatility (2001)Modeling and Forecasting Realized Volatility (2003)Staggered Prices in a Utility-Maximizing Framework (1996)The Science of Monetary Policy: A New Keynesian Perspective (1999)Implications of rational inattention (2003)Five Facts about Prices: A Reevaluation of Menu Cost Models * (2008)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2010)Markups and Firm-Level Export Status (2012)Fractional Brownian Motions, Fractional Noises and Applications (1968)Time Series Analysis: Forecasting and Control (1977)AN INTRODUCTION TO LONG‐MEMORY TIME SERIES MODELS AND FRACTIONAL DIFFERENCING (1980)A long memory property of stock market returns and a new model (1993)Fractionally integrated generalized autoregressive conditional heteroskedasticity (1996)A Simple Approximate Long-Memory Model of Realized Volatility (2008)Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations (1996)Monetary Policy Shocks: What Have We Learned and to What End? (1998)Optimal monetary policy with staggered wage and price contracts (2000)Real Wage Rigidities and the New Keynesian Model (2007)The Time-Varying Volatility of Macroeconomic Fluctuations (2008)Optimal Sticky Prices under Rational Inattention (2009)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Goods Prices and Exchange Rates: What Have We Learned? (1996)Testing for unit roots in heterogeneous panels (2003)International Trade and Macroeconomic Dynamics with Heterogeneous Firms* (2005)Exchange Rate Models Are Not as Bad as You Think (2007)The arbitrage theory of capital asset pricing (1976)An Empirical Investigation of the Arbitrage Pricing Theory (1980)The Role of Conditioning Information in Deducing Testable Restrictions Implied by Dynamic Asset Pricing Models (1987)Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule (1977)Aggregate Dynamics and Staggered Contracts (1980)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)The new open economy macroeconomics: a survey (2001)Menu Costs and Phillips Curves (2007)State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation? * (2008)Information and Volatility: The No-Arbitrage Martingale Approach to Timing and Resolution Irrelevancy (1989)Overconfidence, Arbitrage, and Equilibrium Asset Pricing (2001)International Stock Return Comovements (2005)
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References

  • 2002Macroeconomic Forecasting Using Diffusion Indexes2,550 cited
  • 2000The Generalized Dynamic-Factor Model: Identification and Estimation1,709 cited
  • 2004Some Evidence on the Importance of Sticky Prices1,579 cited
  • 1980Long memory relationships and the aggregation of dynamic models1,448 cited
  • 2002Some Evidence on the Importance of Sticky Prices1,323 cited
  • 1995Log-Periodogram Regression of Time Series with Long Range Dependence1,224 cited
  • 1983Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets1,097 cited
  • 1982Arbitrage, Factor Structure, and Mean-Variance Analysis on Large Asset Markets975 cited
  • 2000Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?767 cited
  • 2002PPP Strikes Back: Aggregation And the Real Exchange Rate478 cited
  • 2009Sticky Prices and Monetary Policy: Evidence from Disaggregated US Data426 cited
  • 2008Long Memory Relationships and the Aggregation of Dynamic Models357 cited
  • 2006The persistence of inflation in the United States351 cited
  • 2006Heterogeneity in Price Stickiness and the Real Effects of Monetary Shocks324 cited
  • 2010Price Setting in the Euro Area: Some Stylized Facts from Individual Consumer Price Data

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310 cited
  • 2005Price setting in the euro area: some stylized facts from individual consumer price data257 cited
  • Cited by

    • 2014Crop Supply Dynamics and the Illusion of Partial Adjustment111 cited
    • 2019Oil Price Pass-through into Core Inflation95 cited
    • 2015Term Structure Persistence86 cited
    • 2013Sectoral price rigidity and aggregate dynamics83 cited
    • 2010Macroeconomics, finance, commodities: Interactions with carbon markets in a data-rich model75 cited
    • 2011Sectoral Phillips curves and the aggregate Phillips curve63 cited
    • 2020Sectoral Price Facts in a Sticky-Price Model57 cited
    • 2011Heterogeneity in bank pricing policies: The Czech evidence53 cited
    • 2012Changes in the effects of monetary policy on disaggregate price dynamics51 cited
    • 2012Global Versus Local Shocks in Micro Price Dynamics43 cited
    • 2015Core Inflation and Trend Inflation38 cited
    • 2010Infl ation Expectations and the Conduct of Monetary Policy: A Review of Recent Evidence and Experience35 cited
    • 2010Changes in the Transmission of Monetary Policy: Evidence from a Time-Varying Factor-Augmented VAR35 cited
    • 2020Changing transmission of monetary policy on disaggregate inflation in India34 cited
    • 2011Sectoral Price Facts in a Sticky-Price Model31 cited
    • 2015Long memory affine term structure models31 cited