Staggered prices in a utility-maximizing framework

Aggregate Dynamics and Staggered Contracts

John B. Taylor · Journal of Political Economy · 1980 · 2.5K citations

Social Sciences, Business Economics, Economics +15

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

Thomas J. Sargent, Neil Wallace · Journal of Political Economy · 1975 · 2.2K citations

Social Sciences, Economics, Financial Economics +11

Inflation and Costs of Price Adjustment

Eytan Sheshinski, Yoram Weiss · The Review of Economic Studies · 1977 · 764 citations

Social Sciences, Business Economics, Economics +12

Stabilizing Powers of Monetary Policy under Rational Expectations

Edmund S. Phelps, John B. Taylor · Journal of Political Economy · 1977 · 536 citations

Social Sciences, Business Economics, Economics +15

A Theory of Monopolistic Price Adjustment

Robert J. Barro · The Review of Economic Studies · 1972 · 505 citations

Social Sciences, Business Economics, Economics +11