22
JAN
2018
14:15
- 15:45
IWH Research Seminar
Uncertainty-driven Business Cycles: Assessing the Markup Channel
Who
Johannes Pfeifer
(Universität zu Köln)
Where
IWH conference room
A growing recent literature relies on a precautionary pricing motive embedded in representative agent DSGE models with sticky prices and wages to generate negative output effects of uncertainty shocks.
