What is a realistic value for price adjustment costs in New Keynesian models?

By Benjamin D. Keen, Yongsheng Wang. 2007

116 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/c274859c8a62ca30d1fb8788c74a07f14b7d96ac

Citations in the corpus

• Uncertain Fiscal Consolidations (2013, unknown): “7 percent of the firms reoptimize each quarter [see Keen and Wang (2007)].”