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Cited by 621

The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.

Menu Costs and the Neutrality of Money

Caplin, Andrew S., Spulber, Daniel F.·1987·The Quarterly Journal of Economics
DOI 10.2307/1884277
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Abstract

A model of endogenous price adjustment under money growth is presented. Firms follow (s,S) pricing policies, and price revisions are imperfectly synchronized. In the aggregate, price stickiness disappears, and money is neutral. The connection between firm price adjustment and relative price variability in the presence of monetary growth is also investigated. The results contrast with those obtained in models with exogenous fixed timing of price adjustment.

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Metadata

Authors
Caplin, A. S., & Spulber, D. F.
Venue
The Quarterly Journal of Economics
Publisher
Oxford University Press (OUP)
Published
1987-11
Volume
102
Issue
4
Pages
703
ISSN
0033-5533 (ISSN-L)
DOI
10.2307/1884277
OpenAlex
W1978481286
Cited by
621
References
2
FWCI
13.31
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Menu Costs and the Neutrality of Money. https://app.cochat.ai/papers/10.2307/1884277
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Caplin, A. S., & Spulber, D. F. (1987). Menu Costs and the Neutrality of Money. The Quarterly Journal of Economics. https://doi.org/10.2307/1884277

Data sources

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.