The Persistence of Inflation Versus That of Real Marginal Cost in the New Keynesian Model

B-Tier
Journal: Journal of Money, Credit, and Banking
Year: 2007
Volume: 39
Issue: 1
Pages: 237-239

Authors (1)

JULIO J. ROTEMBERG

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

This note provides an example where the New Keynesian Phillips Curve leads inflation to be substantially more persistent than the output gap.

Technical Details

RePEc Handle
repec:wly:jmoncb:v:39:y:2007:i:1:p:237-239
Journal Field
Macro
Author Count
1
Added to Database
2026-01-29