Keywords

EconomicsMaximizationMonetary policyWelfareGeneral equilibrium theoryPath (computing)Interest ratePrice settingMathematical economicsEconometricsMicroeconomicsMacroeconomicsComputer science

Affiliated Institutions

Related Publications

Price Destabilizing Speculation

It is sometimes asserted that rational speculative activity must result in more stable prices because speculators buy when prices are low and sell when they are high. This is in...

1986 Journal of Political Economy 240 citations

Publication Info

Year
1983
Type
article
Volume
12
Issue
3
Pages
383-398
Citations
7222
Access
Closed

External Links

Social Impact

Social media, news, blog, policy document mentions

Citation Metrics

7222
OpenAlex

Cite This

Guillermo A. Calvo (1983). Staggered prices in a utility-maximizing framework. Journal of Monetary Economics , 12 (3) , 383-398. https://doi.org/10.1016/0304-3932(83)90060-0

Identifiers

DOI
10.1016/0304-3932(83)90060-0