Endogenous information, menu costs and inflation persistence
NBER Working Paper No. 14184
---- Acknowledgements ----
I thank Susanto Basu, Olivier Blanchard, Kathryn Dominguez, Paul Evans, Edward Knotek, Maxym Kryshko, Lones Smith, Linda Tesar, seminar participants at Bank of Canada, Berkeley, Boston Fed, Chicago GSB, Columbia, Maryland, Michigan, NBER, Ohio State, Penn, Sloan, Stanford, St. Louis Fed, Yale SOM, and especially Olivier Coibion, Christopher House, Serena Ng, David Romer, Matthew Shapiro, and Dmitriy Stolyarov for comments on previous drafts of the paper. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.