Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alternativeTo |
Taylor pricing
|
| gptkbp:assumes |
firms face probability of price change
random price adjustment |
| gptkbp:describes |
price stickiness
|
| gptkbp:field |
macroeconomics
|
| gptkbp:form |
Poisson process for price changes
|
| https://www.w3.org/2000/01/rdf-schema#label |
Calvo pricing
|
| gptkbp:implies |
nominal rigidity
|
| gptkbp:influenced |
modern DSGE models
|
| gptkbp:proposedBy |
gptkb:Guillermo_Calvo
|
| gptkbp:relatedTo |
gptkb:Phillips_curve
|
| gptkbp:usedFor |
analyzing monetary policy
modeling inflation dynamics |
| gptkbp:usedIn |
New Keynesian models
|
| gptkbp:yearProposed |
1983
|
| gptkbp:bfsParent |
gptkb:Guillermo_Calvo
|
| gptkbp:bfsLayer |
7
|