non-CES aggregator (1) 썸네일형 리스트형 내재적 인플레 지속이론(A Theory of Intrinsic Inflation Persistence)(23.3月)/Takushi Kurozumi外.BOJ We propose a novel theory of intrinsic inflation persistence by introducing trend inflation and Kimball (1995)-type aggregators of individual differentiated goods and labor in a model with staggered price- and wage-setting. Under nonzero trend inflation, the non-CES aggregator of goods and staggered price-setting give rise to a variable real marginal cost of goods aggregation, which becomes a dr.. 이전 1 다음