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HackerNoon
hackernoon.com
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Learn how Calvo pricing introduces nominal rigidity in DSGE models, impacting optimal price-setting, inflation persistence, and marginal cost relationships. #macroeconometrics
https://hackernoon.com/how-firms-set-prices-and-adjust-for-inflation-the-basics-of-calvo-pricing
2024-12-06T20:01:23.256Z