Durable goods and sticky prices: Industry-level evidence

被引：0

作者：

Gwin, Carl ^{[2
]}

VanHoose, David D. ^{[1
]}

机构：

[1] Baylor Univ, Hankamer Sch Business, Waco, TX 76798 USA

[2] Baylor Univ, Inst Studies Relig, Waco, TX 76798 USA

来源：

ECONOMICS LETTERS | 2012年 / 116卷 / 03期

关键词：

Sticky prices; Durable goods; New Keynesian Phillips curve; INFLATION DYNAMICS; MODELS;

D O I：

10.1016/j.econlet.2012.04.038

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We employ industry data to examine price stickiness of durables versus non-durables to evaluate Barsky et al. (2007) proposal that stickiness of durables' prices influences aggregate dynamics. Policy impacts from impulse responses accord with sticky-price frameworks even though non-durables' prices are relatively flexible. (C) 2012 Elsevier B.V. All rights reserved.

引用

页码：460 / 464

页数：5

共 6 条

[1] The relative price effects of monetary shocks [J].