Domenico Massaro
Biographic Data
| ID | 8921025 |
|---|---|
| NAME | Domenico Massaro |
| GIVEN NAMES | Domenico |
| FAMILY NAME | Massaro |
| SIGNATURE | MASSARO D |
| AFFILIATIONS | Università Cattolica del Sacro Cuore |
| ORCID | 0000-0001-9652-1174 |
| VERIFIED | Yes |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 0 |
Behavioral Heterogeneity in U.S. Inflation Dynamics
In this article we develop and estimate a behavioral model of inflation dynamics with heterogeneous firms. In our stylized framework there are two groups of price setters, fundamentalists and random walk believers. Fundamentalists are forward-looking in the sense that they believe in a present-value relationship between inflation and real marginal costs, while random walk believers are backward-looking, using the simplest rule of thumb, naive exp…
No prominent works on this page.
Behavioral Heterogeneity in U.S. Inflation Dynamics
In this article we develop and estimate a behavioral model of inflation dynamics with heterogeneous firms. In our stylized framework there are two groups of price setters, fundamentalists and random walk believers. Fundamentalists are forward-looking in the sense that they believe in a present-value relationship between inflation and real marginal costs, while random walk believers are backward-looking, using the simplest rule of thumb, naive exp…
Complex Systems and Time Series Analysis (1 works) · Econometrics (1 works) · Economic theories and models (1 works) · Economics (1 works) · Macroeconomics (1 works) · Mathematics (1 works) · Monetary Policy and Economic Impact (1 works) · Random walk (1 works) · Rule of thumb (1 works) · Statistics (1 works)