links for 2010-05-22

RIP Martin Gardner, 1914 – 2010







Michael F. Bryan and Brent Meyer: Are Some Prices in the CPI More Forward Looking Than Others? We Think So

MB&BM: "Some of the items that make up the Consumer Price Index change prices frequently, while others are slow to change. We explore whether these two sets of prices—sticky and flexible—provide insight on different aspects of the inflation process. We find that sticky prices appear...