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    • On staggered prices and optimal inflation 

      Aguilera Bravo, Asier Upna; Casares Polo, Miguel Upna (2019)   Documento de trabajo / Lan gaiak  OpenAccess
      This paper computes the steady-state optimal rate of inflation assuming two different sticky-price specifications, Calvo (1983) and Taylor (1980), in a model with monopolistic competition. The optimal rate of inflation ...