Asymmetric (S,s) Pricing: Implications for Monetary Policy
This paper presents a model of asymmetric (S,s) pricing. We investigate implications of such a behavior for the effectiveness of the monetary policy. We discuss two types of asymmetric responses to monetary interventions. One is the symmetry in the responses to positive and negative monetary shocks....
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| Natura: | Article ou chapitre numérique |
| Lingua: | Français |
| Pubblicazione: |
2012
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| Accesso online: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |