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Price stickiness asymmetry, persistence and volatility in a New Keynesian model

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Figure

Figure 1a. IRFs to a preferences shock under symmetry and  asymmetry in sectoral price stickiness.
Figure 2b. IRFs to a cost-push shock in two economies with the same mean degree of sectoral
Figure 3a. IRFs to a technology shock under symmetry and  asymmetry in sectoral price stickiness.
Figure 4. Persistence in terms of the sum of the first five autocorrelation coefficients and symmetric price stickiness.
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