Research Discussion Paper – RDP 2010-01 Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness


Our thanks in particular to Adrian Pagan. Mariano Kulish, Christopher Kent and participants at seminars at the Reserve Bank of Australia (RBA), Sydney-Melbourne Conference on Macroeconomic Theory 2009, Econometric Society Australasian Meeting 2009, Conference on Computing in Economics and Finance 2009 and the Central Bank Macroeconomic Modelling Workshop, Bank of Israel, also provided useful comments. The views expressed in this paper are those of the authors and are not necessarily those of the Reserve Bank of Australia. Any remaining errors are our own.