Author: Anindya Banerjee
Publisher:
ISBN:
Category : Industrial management
Languages : it
Pages : 16
Book Description
Industry structure and the dynamics of price adjustment
Author: Anindya Banerjee
Publisher:
ISBN:
Category : Industrial management
Languages : it
Pages : 16
Book Description
Publisher:
ISBN:
Category : Industrial management
Languages : it
Pages : 16
Book Description
Price Adjustment and Market Structure
Author: Simon Domberger
Publisher:
ISBN: 9780902610286
Category : Inflation (Finance)
Languages : en
Pages : 39
Book Description
Publisher:
ISBN: 9780902610286
Category : Inflation (Finance)
Languages : en
Pages : 39
Book Description
Price Dynamics and Industrial Structure
Author: David Encaoua
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 132
Book Description
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 132
Book Description
The Dynamics of Price Adjustment in Regulated Industries
Author: David S. Silby
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 44
Book Description
Publisher:
ISBN:
Category : Industrial policy
Languages : en
Pages : 44
Book Description
Dynamics of Price Adjustment in Qualitatively Differentiated U.S. Markets
Author: Mehdi Nemati
Publisher:
ISBN:
Category :
Languages : en
Pages : 116
Book Description
Relationships between organic and conventional counterpart's prices have become complex with changes in the organic market structure. The concern is whether these fluctuations lead to changes in price dynamics between these products. We investigate price dynamics between organic and conventional apple prices, using an MS-AVECM approach. Additionally, we use Gala, Fuji, and Red Delicious prices to examine whether the use of different-variety leads to different results. The results support the changes in price dynamics of organic and conventional apple and we find evidence of asymmetric responses to negative and positive price changes for both organic and conventional apple.
Publisher:
ISBN:
Category :
Languages : en
Pages : 116
Book Description
Relationships between organic and conventional counterpart's prices have become complex with changes in the organic market structure. The concern is whether these fluctuations lead to changes in price dynamics between these products. We investigate price dynamics between organic and conventional apple prices, using an MS-AVECM approach. Additionally, we use Gala, Fuji, and Red Delicious prices to examine whether the use of different-variety leads to different results. The results support the changes in price dynamics of organic and conventional apple and we find evidence of asymmetric responses to negative and positive price changes for both organic and conventional apple.
Optimal Pricing, Inflation, and the Cost of Price Adjustment
Author: Eytan Sheshinski
Publisher: MIT Press
ISBN: 9780262193320
Category : Business & Economics
Languages : en
Pages : 546
Book Description
These collected articles constitute what is perhaps the definitive study of pricing models under inflation, providing a solid basis for further research on this elusive question. What are the real effects of inflation? These collected articles constitute what is perhaps the definitive study of pricing models under inflation, providing a solid basis for further research on this elusive question. Covering a broad range of theory and applications by well-known microeconomists, the eighteen contributions evaluate the effects of inflation on aggregate output and on welfare and reveal the scope of recent efforts to explicitly incorporate frictions in economic models. A basic building block common to most of the essays in this volume is the observation that individual firms change nominal prices intermittently. The frequency and size of nominal price changes are influenced by the cost of price adjustment and changes in the economic environment, production costs, market demand, market structure, and most important, inflation. Thus the degree of nominal rigidity is influenced by the economic environment, and in a dynamic context. Two introductory essays survey the empirical studies of pricing policies by individual firms and the theoretical efforts to integrate the nominal rigidities at the micro level into macro relationships. The essays that follow treat the general problem of optimal dynamic adjustment in the presence of convex costs of adjustment, include applications of the inventory models to the case of nominal price adjustment by an individual firm, address the question of aggregation, introduce active search by consumers, and provide empirical analysis of nominal price rigidities.
Publisher: MIT Press
ISBN: 9780262193320
Category : Business & Economics
Languages : en
Pages : 546
Book Description
These collected articles constitute what is perhaps the definitive study of pricing models under inflation, providing a solid basis for further research on this elusive question. What are the real effects of inflation? These collected articles constitute what is perhaps the definitive study of pricing models under inflation, providing a solid basis for further research on this elusive question. Covering a broad range of theory and applications by well-known microeconomists, the eighteen contributions evaluate the effects of inflation on aggregate output and on welfare and reveal the scope of recent efforts to explicitly incorporate frictions in economic models. A basic building block common to most of the essays in this volume is the observation that individual firms change nominal prices intermittently. The frequency and size of nominal price changes are influenced by the cost of price adjustment and changes in the economic environment, production costs, market demand, market structure, and most important, inflation. Thus the degree of nominal rigidity is influenced by the economic environment, and in a dynamic context. Two introductory essays survey the empirical studies of pricing policies by individual firms and the theoretical efforts to integrate the nominal rigidities at the micro level into macro relationships. The essays that follow treat the general problem of optimal dynamic adjustment in the presence of convex costs of adjustment, include applications of the inventory models to the case of nominal price adjustment by an individual firm, address the question of aggregation, introduce active search by consumers, and provide empirical analysis of nominal price rigidities.
Empirical Investigations Into the Dynamics of Price Adjustment
Author: Joseph Haimowitz
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 312
Book Description
Publisher:
ISBN:
Category : Equilibrium (Economics)
Languages : en
Pages : 312
Book Description
"Price adjustment and market structure"
Market Structure and the Dynamics of Retail Food Prices
Author: Robert D. Weaver
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The effect of retail grocery market structure on the speed of adjustment of retail food prices to changes in producer prices, real wages, and the cost of energy was examined for SMSAs. Evidence failed to support the implication of the Mason-Bain paradigm that increased concentration reduces market efficiency as reflected in speed of retail price adjustment. Evidence of strong intertemporal relationships between change in producer prices and retail prices found for the categories meat, poultry, fish, eggs and cereal and baker products provide support to the hypothesis of cost-push inflation.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The effect of retail grocery market structure on the speed of adjustment of retail food prices to changes in producer prices, real wages, and the cost of energy was examined for SMSAs. Evidence failed to support the implication of the Mason-Bain paradigm that increased concentration reduces market efficiency as reflected in speed of retail price adjustment. Evidence of strong intertemporal relationships between change in producer prices and retail prices found for the categories meat, poultry, fish, eggs and cereal and baker products provide support to the hypothesis of cost-push inflation.