Abstract
Russian Abstract: Настоящее исследование посвящено оценке степени жесткости цен производителей в российской экономике и выявлению особенностей реакции различных отраслей на шоки монетарной политики с учетом гетерогенности параметра жесткости. В первой части работы проведен обзор теоретических подходов к моделированию жесткости цен производителей, включая модели, в которых пересмотры цен зависят либо только от времени, либо только от состояния экономики, а также модели гибридного ценообразования. English Abstract: In this paper we estimate the degree of producer price rigidity in the Russian economy and identify the response of various industries to monetary policy shocks, taking into account the heterogeneity of the rigidity parameter. The first part of the paper reviews theoretical approaches to modeling producer price rigidity, including models in which price revisions depend either only on time, or only on the state of the economy, as well as a hybrid pricing model.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
