@article{PriceStickiness:854,
      recid = {854},
      author = {Khan, Hashmat},
      title = {Price Stickiness, Inflation, and Output Dynamics: A  Cross-Country Analysis},
      publisher = {Bank of Canada},
      address = {2000},
      pages = {1 online resource (v, 47 pages)},
      abstract = {The sticky-price model of aggregate fluctuations implies  that countries with high trend inflation rates should  exhibit less-persistent output fluctuations than countries  with low trend inflation. I conduct a cross-country  analysis of output persistence and inflation that takes  into account the within-country time variation in trend  inflation. My results do not support the implication. The  results suggest that further research is needed before  models based on nominal price stickiness can offer a  complete microfoundation for persistent effects of  aggregate demand shocks.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/854},
      doi = {https://doi.org/10.34989/swp-2000-12},
}