Arbeitspapier
The imperfect-common-knowledge Phillips curve: Calvo versus Rotemberg
I derive the imperfect-common-knowledge Phillips curve under the assumption of Rotemberg pricing. The curve differs from the Calvo version in one important aspect. Expectations of future relative prices impact in ation.
- ISBN
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978-3-95729-331-2
- Language
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Englisch
- Bibliographic citation
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Series: Bundesbank Discussion Paper ; No. 50/2016
- Classification
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Wirtschaft
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Price Level; Inflation; Deflation
- Subject
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Phillips Curve
Rotemberg
Imperfect Knowledge
- Event
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Geistige Schöpfung
- (who)
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Šauer, Radek
- Event
-
Veröffentlichung
- (who)
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Deutsche Bundesbank
- (where)
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Frankfurt a. M.
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Šauer, Radek
- Deutsche Bundesbank
Time of origin
- 2016