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A Sticky-Price Manifesto / Laurence Ball, N. Gregory Mankiw.
- Format:
- Book
- Author/Creator:
- Ball, Laurence.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w4677.
- NBER working paper series no. w4677
- Language:
- English
- Subjects (All):
- Economics--Research--Periodicals.
- Economics.
- Economics--Periodicals.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1994.
- Cambridge, Mass. : National Bureau of Economic Research, 1994.
- Summary:
- Macroeconomists are divided on the best way to explain short-run economic fluctuations. This paper presents the case for traditional theories based on short-run price stickiness. It discusses the fundamental basis for believing in this class of macreconomic models. It also discusses recent research on the microeconomic foundations of sticky prices.
- Notes:
- Print version record
- March 1994.
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