02.12.2025: Laura Castillo-Martínez – Frictionless inflation
Presenter: Laura Castillo-Martínez Affiliation: Duke University, Department of Economics. Paper: Frictionless Inflation. Date: December 2, 2025. Time: 15:00 Israel Time. Abstract: The existence of menu costs of price adjustment is one of the leading explanations for the delayed response of prices to changes in economic conditions. This paper investigates the relationship between menu costs of … Read more