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How Frequent are Small Price Changes?, American Economic Journal: Macroeconomics
Recent empirical work suggests that small price changes are
Sergio Rebelo, Martin Eichenbaum, Josie Smith, Nir Jaimovich
Rebelo, Sergio, Martin Eichenbaum, Josie Smith, and Nir Jaimovich. 2014. How Frequent are Small Price Changes?. American Economic Journal: Macroeconomics. 6(2): 137-55..
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