Slide 11 The Kinked Demand Curve and Price Rigidity: Evidence from Scanner Data Maarten Dossche (Ghent University & National Bank of Belgium) Freddy Heylen (Ghent University,…
54 2Q/2015, Economic Perspectives Bubbles and fools Gadi Barlevy Introduction and summary In the wake of the financial crisis of 2007–08 and the Great Recession precipitated…