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Pandemic Preference Shocks and Inflation in a New Keynesian Model
This paper examines two types of preference shocks, shocks to the disutility of working and to the demand for goods relative to services, in an otherwise standard New Keynesian model. Existing literature has primarily focused on productivity and monetary shocks as driving processes. The contribution...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer US
2022
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9793379/ https://www.ncbi.nlm.nih.gov/pubmed/36590746 http://dx.doi.org/10.1007/s11293-022-09752-7 |