Monetary Non-Neutrality in a Multi-Sector Menu Cost Model (with Emi Nakamura)
Revise and resubmit, Quarterly Journal of Economics
Matlab Programs: Code -- Documentation
Price Setting in Forward-Looking
Customer Markets (with Emi Nakamura)
Revise and resubmit, Journal of the European Economic Association
Appendix: Firm Price Commitments
Five Facts About Prices: A Reevaluation of Menu Cost Models (with Emi Nakamura)
Quarterly Journal of Economics, forthcoming.
Frequency of Price Change by ELI: ELI table (PDF) -- ELI table (Excel)
Supplementary material: More Facts About Prices
Tables in Excel: Tables from Paper (Excel) -- Tables from Supplement (Excel)
Press: The Economist
The Dynamic Behavior of the Real Exchange Rate in Sticky-Price Models
American Economic Review, 98(1), 519-533, March 2008.
Appendix: Derivation of the Model
Matlab Programs: Empirical Programs --
Theoretical Programs --
Documentation.
Optimal Monetary Policy in an Economy with Inflation
Presistence
Journal of Monetary Economics
50(7), 1425-1456, October 2003.
Erratum