主讲人:张仁斌 (山东大学经济学院助理教授)
主持老师:(北大经院)李博
参与老师:(北大国发院)赵波、余昌华、李明浩
(北大经院)陈仪、韩晗、李伦
时间:2023年5月29日(周一)10:10-11:40
地点:承泽园344
主讲人简介:
张仁斌,山东大学经济学院助理教授。2020年毕业于巴塞罗那自治大学,获经济学博士学位,研究方向主要包括:宏观经济学和宏观金融学。研究成果发表在Journal of Monetary Economics, Journal of Economic Behavior and Organization。主持国家自然科学基金青年项目。
摘要:
The Optimal Price Index (OPI) stabilization policy traditionally assigns greater importance to stabilize prices in sectors with stickier prices based on multi-sector models with full information or exogenous information frictions. The current paper uncovers a significant departure from this prevailing policy prescription by introducing rational inattention. Surprisingly, the OPI attaches a smaller weight to a sector with stickier prices. This counterintuitive result stems from the endogenous relationship between attention and nominal rigidities: firms in sectors with more flexible prices pay less attention to macroeconomic conditions. We provide direct empirical evidence that supports this mechanism.
供稿单位:经济学院科研与博士后办公室
供稿人:王志斌