Christian Höynck

Bank of Italy

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The Markup Elasticity of Monetary Non-Neutrality

Number of pages: 52 Posted: 05 Dec 2022
Christian Höynck, Minghao Li and Donghai Zhang
Bank of Italy, Peking University and National University of Singapore (NUS), Department of Economics
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Abstract:

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Rising market power, Monetary non-neutrality, Menu cost model, Heterogeneous market power, Multi-sector model