Listar Documentos de trabajo - Lan gaiak por tema "Monopolistic competition"
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Monopolistic competition, sticky prices, and the minimal mark-up in steady state
Casares Polo, Miguel
(2007)
Documento de trabajo / Lan gaiak 
This note reports the rate of inflation that minimizes the mark-up of prices over marginal costs in the steady-state solution of a monopolistic competition model with either Taylor (1980) or Calvo (1983) pricing. The minimal ... -
On staggered prices and optimal inflation
Aguilera Bravo, Asier; Casares Polo, Miguel (2019)
Documento de trabajo / Lan gaiak
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 ...
