E31 - Price Level; Inflation; Deflation - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T15:14:25+00:00Information Flows and Aggregate Persistence
https://www.bankofcanada.ca/2009/04/working-paper-2009-11/
Models with imperfect information that generate persistent monetary nonneutrality predominantly rely on assumptions leading to substantial heterogeneity of information across price-setters. This paper develops a quantitative general equilibrium model in which the degree of heterogeneity of information is determined endogenously.2009-04-03T11:13:05+00:00enInformation Flows and Aggregate Persistence2009-04-03Business fluctuations and cyclesInflation and pricesMonetary policy transmissionWorking Paper 2009-11 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-11.pdfInformation Flows and Aggregate PersistenceOleksiy KryvtsovApril 2009DD8D83EE3E31E32