Martin Eichenbaum
Northwestern University
1 paper in the Anchorcite directory, published in 2005, cited 6,029 times in total.
Research topics
- Economic theories and models · 1 paper
- Monetary Policy and Economic Impact · 1 paper
- Economic Theory and Policy · 1 paper
Frequent co-authors
- Lawrence J. Christiano · 1 paper
- Charles L. Evans · 1 paper
Papers
- Nominal Rigidities and the Dynamic Effects of a Shock to Monetary PolicyJournal of Political Economy · 2005 · 6,029 citations
We present a model embodying moderate amounts of nominal rigidities that accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an…
Metadata from OpenAlex (CC0).