研讨論文
The optimal inflation rate under Schumpeterian growth (Journal of Monetary Economics. Koki Oikawa and Kozo Ueda. 2018)
主講人
孫敏娴（中經管2021級博士生）
上期回顧
Last time, we discussed several methods to introduce inflation (as well as the real effects of money) into growth models. And we studied the model setup, formalizing the Schumpeterian growth model with nominal rigidity and state-dependent pricing by introducing menu cost. Additionally, we clarified the growth rate of nominal variables, solved the cost minimization problem of industry-leading firms and derived the aggregate price index.
本期預告
We will focus on the optimal price resetting rule – “the Ss rule” in the key mechanism of menu cost. And we will derive the monopolistic firms’ value functions during the price reset time interval under inflation and deflation, respectively. Furthermore, we will derive some lemmas about the value function and growth rate.
時間&地點
1月11日14：00-17：00
學術會堂712
主持人/點評老師
王忏 明洋
活動對象
韦德体育bevictor、金融學院學生
人數規模
30人
主辦單位
韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦
