Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework
By Mathias Trabandt. 2003
110 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/97e8039fec682058b445cf9f950f900f0897a21a
Citations in the corpus
- New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling (2006, unknown): “Similarly, Trabandt (2004) shows that this model has very similar implications as the sticky-information model of Mankiw and Reis (2002).”
- Evaluating Microfoundations for Aggregate Price Rigidities: Evidence from Matched Firm-Level Data on Product Prices and Unit Labor Cost (2012, unknown): “This classi cation is, in turn, based on the HS, which is also the basis for the import and export codes used in 14See Trabandt (2007) for a discussion on the optimal pricing behavior of a rm in a Sticky Information Model.”
- Testing the Sticky Information Phillips Curve (2010, unknown): “MR motivate the sticky information model as a direct substitute for the NKPC on the grounds that the sticky information model can address the failures of the NKPC. Knowing whether the SIPC outperforms the NKPC empirically is thus a particularly interesting question.”