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investment-specific technology shocks, consumption, GHH preferences, nominal rigidities, comovement.
depreciation shocks, investment-specific technology shocks, consumption, nominal rigidities, co-movement
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Liquidity constraints, nominal rigidities, productivity shocks, real rigidities
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
business cycles, monetary policy, monetary union, nominal wage rigidity, shocks, staggered contracts, wage formation
Risk shocks, uncertainty, zero lower bound on interest rates, optimal monetary policy
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