Essays on Dynamics of Output and Prices

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Essays on Dynamics of Output and Prices by Korenok, Oleg; Mizrach, Bruce; Radchenko, Stanislav, 9783836499880
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  • ISBN: 9783836499880 | 3836499886
  • Cover: Paperback
  • Copyright: 4/30/2008

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This book investigates dynamics of output and prices in five essays. First two essays focus on the choice of the model that explains joint dynamics of output and prices. We compare the sticky price and the sticky information models. Next three essays focus on business cycle fluctuations. We study volatility, persistence, and asymmetry of the business cycle. We also investigate the impact of monetary policy on cyclical fluctuations.
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