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Sectoral Heterogeneity in Nominal Price Rigidity and the Origin of Aggregate Fluctuations
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References

  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 2004Interest and Prices2,583 cited
  • 2012The Network Origins of Aggregate Fluctuations2,310 cited
  • 1983Real Business Cycles2,076 cited
  • 1996Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations1,731 cited
  • 2008Five Facts about Prices: A Reevaluation of Menu Cost Models *1,525 cited
  • 1977Understanding business cycles1,460 cited
  • 2011The Granular Origins of Aggregate Fluctuations1,373 cited
  • 2016Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks *1,336 cited
  • 2020Supply Chain Disruptions: Evidence from the Great East Japan Earthquake*953 cited
  • 2007Menu Costs and Phillips Curves841 cited
  • 2002Term structure evidence on interest rate smoothing and monetary policy inertia772 cited
  • 2017Productivity and Misallocation in General Equilibrium648 cited
  • 2018Input Linkages and the Transmission of Shocks: Firm-Level Evidence from the 2011 Tōhoku Earthquake624 cited
  • 2000Sectoral shocks and aggregate fluctuations559 cited

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The Macroeconomic Impact of Microeconomic Shocks: Beyond Hulten's Theorem
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