Re: ISI 2017 key

Posted by Abhitesh on May 23, 2017; 2:19pm
URL: http://discussion-forum.276.s1.nabble.com/ISI-2017-key-tp7604137p7604643.html

Mankiw Chap 9.

In sticky price model that google mentions we assume that a fraction 'f' of firms keep prices constant while remaining fraction (1-f) change it. I don't think question meant that.