Browsing Faculté des arts et des sciences – Département de sciences économiques by Subject "roundabout production"
Now showing items 1-1 of 1
-
Durable Goods, Inter-Sectoral Linkages and Monetary Policy
(Université de Montréal. Département de sciences économiques., 2008-08)Barsky, House and Kimball (2007) show that introducing durable goods into a sticky-price model leads to negative sectoral comovement of production following a monetary policy shock and, under certain conditions, to aggregate neutrality. These results ...