The Macroeconomics of Sticky Prices with Generalized Hazard Functions
Has this study been replicated?
The atlas records 1 reproduction of this study. Recorded outcomes: 1 failed.
Reproductions
- A comment on "The macroeconomics of sticky prices with generalized hazard functions" by Alvarez et al. [Paper presentation], Ho et al. (2023). Outcome recorded: computational issues, robustness challenges.
Computational: In general, we were able to reproduce Alvarez et al.'s major empirical results, except with minor discrepancies in the statistics involving simulations. Table 1 reports our reproduced summary statistics and main empirical estimates, corresponding to Table 1 in Alvarez et al. (2022). Our program reproduced the exact results as Alvarez et al.'s except the bootstrapped standard errors for the kurtosis for pooled observations and the kurtosis with unobserved…
Outcome read from Computational: p. 3, fulltext.
Cite this record
Alvarez, F., Lippi, F., & Oskolkov, A. (2021). The Macroeconomics of Sticky Prices with Generalized Hazard Functions. The Quarterly Journal of Economics, 137(2), 989–1038. https://doi.org/10.1093/qje/qjab042
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