| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7016 |
| DP7016 Urbanization and Structural Transformation | |
| Stephen Redding; Guy Michaels; Ferdinand Rauch | |
| 发表日期 | 2008-10-17 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 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. |
| 主题 | International Macroeconomics |
| 关键词 | Micro price data Models of price setting Real effects of nominal shocks Sticky prices |
| URL | https://cepr.org/publications/dp7016 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535833 |
| 推荐引用方式 GB/T 7714 | Stephen Redding,Guy Michaels,Ferdinand Rauch. DP7016 Urbanization and Structural Transformation. 2008. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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