首页    期刊浏览 2024年10月05日 星期六
登录注册

文章基本信息

  • 标题:On implications of micro price data for macro models
  • 本地全文:下载
  • 作者:Bartosz Maćkowiak ; Frank Smets
  • 期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
  • 印刷版ISSN:1830-3420
  • 电子版ISSN:1830-3439
  • 出版年度:2008
  • 卷号:1
  • 出版社:European Central Bank
  • 摘要:We review the recent literature that studies new, detailed micro data on prices. We discuss implications of the new micro data for macro models. We argue that the new micro data are helpful for macro models, but not decisive. There is no simple mapping from the frequency of price changes in micro data to impulse responses of prices and quantities to shocks. We discuss ideas that promise to deliver macro models matching the impulse responses seen in macro data while being broadly in line with micro data.
  • 关键词:sticky prices; micro price data; models of price setting; real effects of;nominal shocks.
国家哲学社会科学文献中心版权所有