Atanas Pekanov (@atanaspekanov) 's Twitter Profile
Atanas Pekanov

@atanaspekanov

Former Deputy Prime Minister of Bulgaria; Economist @WIFOat, Lecturer/PhDc @wu_vienna | Prvsly @FulbrightPrgrm Scholar @Harvard,@ECB @UCL | OwnViews

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linkhttps://sites.google.com/view/atanaspekanov/ calendar_today22-04-2016 17:57:07

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Very interesting paper & conclusions. Central banks should react more aggressively to large cost-push shocks in menu cost models - the non-linearity of the Phillips curve means monetary policy should lean against changes in the repricing frequency. "Strike the iron while its hot"