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| <p>This paper develops a model of pricing in which buyers care about the fairness of markups but misinfer them from prices. The model yields price rigidity, generates realistic Phillips curves, and explains why people dislike inflation so much.</p> | ||
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| <footer class="entry-footer"><span title='2021-06-01 00:00:00 +0000 UTC'>June 2021</span> · Erik Eyster, Kristof Madarasz, Pascal Michaillat</footer> | ||
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10 changes: 5 additions & 5 deletions
10
public/tags/markups/index.xml → public/tags/fair-markups/index.xml
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