In Search of Real Rigidities

Gita Gopinath, Oleg Itskhoki

NBER Working Paper No. 16065
Issued in June 2010

---- Acknowledgments ----

Prepared for the NBER 25-th Macroannual Conference, April 9-10, 2010. We thank the International Price Program of the Bureau of Labor Statistics for access to unpublished micro data. We owe a huge debt of gratitude to our project coordinator Rozi Ulics for her invaluable help on this project. The views expressed here do not necessarily reflect the views of the BLS or the National Bureau of Economic Research. We thank Jim Stock, Mark Watson, Ulrich Mueller, Chris Sims, Patrick Kehoe, the editors Daron Acemoglu and Mike Woodford, and our discussants Mike Golosov and Virgiliu Midrigan for comments. This research is supported by NSF grant # SES 0617256.

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