Please use this identifier to cite or link to this item:
http://dspace.mediu.edu.my:8181/xmlui/handle/10419/4030| Title: | Hyperbolic discounting and the Phillips curve |
| Keywords: | E20 E40 E50 ddc:330 Inflation Unemployment Phillips curve Monetary policy Dynamic general equilibrium Nominal inertia Phillips-Kurve Lohnrigidität Dynamisches Gleichgewicht Geldpolitik Theorie |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | Using a standard dynamic general equilibrium model, we show that the interaction of staggered nominal contracts with hyperbolic discounting leads to inflation having significant long-run e¤ects on real variables. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/4030 |
| Other Identifiers: | http://hdl.handle.net/10419/4030 ppn:534972926 |
| Appears in Collections: | EconStor |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.