1 option
Asking About Prices A New Approach to Understanding Price Stickiness / Alan S. Blinder ... [et al.].
- Format:
- Book
- Language:
- English
- Subjects (All):
- Business cycles--Mathematical models.
- Business cycles.
- Prices--Mathematical models.
- Prices.
- Genre:
- Electronic books.
- Physical Description:
- 1 online resource (395 p.)
- Edition:
- 1st ed.
- Manufacture:
- Baltimore, Md. : Project MUSE, 2012
- Place of Publication:
- New York : Russell Sage Foundation, 1998.
- Language Note:
- English
- Summary:
- Why do consumer prices and wages adjust so slowly to changes in market conditions?The rigidity or stickiness of price setting in business is central to Keynesian economic theory and a key to understanding how monetary policy works, yet economists have made little headway in determining why it occurs.
- Contents:
- Contents ; Preface ; Part I. On Learning by Asking ; Chapter 1. Why Study Price Stickiness? Why This Way? ; Chapter 2. Antecendents ; Chapter 3. Research Design ; Part II. The Basic Findings ; Chapter 4. Wouldn't It Be Nice to Know...? ; Chapter 5. Basic Results on the Twelve Theories ; Part III. Detailed Findings on Each Theory ; Chapter 6. Nominal Contracting ; Chapter 7. Implicit Contracts ; Chapter 8. Judging Quality by Price ; Chapter 9. Psychological Pricing Points ; Chapter 10. Procyclical Elasticity of Demand ; Chapter 11. Cost-Based Pricing: Lags from the Chain of Production
- Chapter 12. Constant Marginal Cost Chapter 13. Costs of Adjusting Prices ; Chapter 14. Hierarchy ; Chapter 15. Coordination Failure ; Chapter 16. Inventories ; Chapter 17. Nonprice Competition ; Part IV. Wrapping Up ; Chapter 18. What Have We Learned? ; Appendix A. Manufacturing Interview ; Appendix B. List of Variable Names ; Notes ; Bibliography ; Index
- Notes:
- Description based upon print version of record.
- Includes bibliographical references (p. [361]-369] and index.
- Description based on print version record.
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 9781610440684
- 1610440684
- OCLC:
- 835508651
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.