Construct · 1 fields · 1 citations

Rotemberg pricing: a standalone construct

One name. One construct. A landmark on the map.

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Macroeconomics

a model of sluggish prices in which firms pay a cost that rises with the square of their price change, so they adjust gradually.

In macroeconomics, Rotemberg pricing refers to a model of sluggish prices in which firms pay a cost that rises with the square of their price change, so they adjust gradually. This meaning comes from Rotemberg (1982) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructs model3 fields · 3 citationsjingle · one word, three constructs square1 fields · 1 citationsanchor · a standalone construct

References

Rotemberg, J. J. (1982). Sticky Prices in the United States. Journal of Political Economy, 90(6), 1187-1211. https://doi.org/10.1086/261117

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