Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute: 'Supply Shocks in a Heterogeneous-Firm New Keynesian Model - The Entry Multiplier'
September 11, 2026
September 11, 2026
MINNEAPOLIS, Minnesota, Sept. 11 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis Opportunity and Inclusive Growth Institute issued the following white paper (No. 132) on Sept. 3, 2026, by Florin Bilbiie and Marc J. Melitz entitled "Supply Shocks in a Heterogeneous-Firm New Keynesian Model: The Entry Multiplier".
Here is the abstract:
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We study productivity shocks in a New Keynesian model with endogenous entry, selection, and nominal rig . . .
Here is the abstract:
* * *
We study productivity shocks in a New Keynesian model with endogenous entry, selection, and nominal rig . . .