I’m happy to announce that my paper “Duopolistic Competition and Monetary Policy” is accepted at the Journal of Monetary Economics (will be open access). (1/N)
Economistで、金利引上げでも経済が頑健だった一因は、経済が金利に敏感でなくなってきたからと。資本集約的で金利に敏感な製造業や建設のシェアが下がったことや、家計が固定金利で借入することが背景
Inflation is down and a recession is unlikely. What went right?
Our article demonstrates that you can indeed boost the impact of your publications by sharing and promoting your research on Twitter. (Open Access).
Note: This might generalize to X and social media more broadly.
One of the most interesting motivating tables is this.
A manual search using Nihon Keizai Shinbun and food manufacturers' IR materials from 2005 to 2021 to identify their announcements on price revisions
あくまで「気がする」で、経済学的に特にDSGEモデル的には、preference shockの精緻化(以下)が必須ですね。
① shockがどのように生じるのか。例えばNoisy informationやrational inattentionのもとで、公的情報発信の影響を考慮
② shockの波及経路。できれば内生成長モデルで、長期的な影響も考慮