Price Stickiness in Ss Models: New Interpretations of Old Results

By Ricardo J. Caballero, Eduardo Engel. 2007

196 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/cf18c1c08c2205444bc995188a60721471cda460

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Joseph Vavra
2. Hashem Pesaran
3. P. Sevestre
4. C. Fuss
5. Matthaios D. Delis
6. Alex Coad
7. Lutz Kilian
8. Badi H. Baltagi

Citations in the corpus

• Inflation Dynamics and Time-Varying Volatility: New Evidence and an Ss Interpretation* (2014, methodology): “Caballero and Engel (2007) show that in Ss models, the price response to nominal shocks can be decomposed into two margins: the intensive and extensive margin.”
• Lumpy Price Adjustments: A Microeconometric Analysis (2011, background): “As noted by Caballero and Engel (2007), this pattern of price changes suggests that the range of price inaction is best modeled as a stochastic process.”