- Chilean Central Bank Digital Repository
- Investigación económica
- Series
- Serie Banca Central, análisis y políticas económicas (artículos)
- Browsing Serie Banca Central, análisis y políticas económicas (artículos) by Author
Browsing Serie Banca Central, análisis y políticas económicas (artículos) by Author "Neumeyer, Pablo Andrés"
Now showing items 1-1 of 1
-
The passthrough of large-cost shocks in an inflationary economy
Álvarez, Fernando; Neumeyer, Pablo Andrés (Banco Central de Chile, 2020)This paper surveys and modestly extends the theory of menu-cost models of the behavior of the aggregate price level after large-cost shocks. It does so in the context of an economy with a high underlying rate of inflation. ...