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Price Adjustment

Holiday Price Rigidity and Cost of Price Adjustment

Holiday Price Rigidity and Cost of Price Adjustment

... of price adjustment may increase dramatically for retail stores, which should lead to greater price rigidity during ...scanner price data from a major Midwestern supermarket ...a price ...

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Asymmetric Price Adjustment in the Small

Asymmetric Price Adjustment in the Small

... We conclude with a brief discussion of the likely generalizability of our results. In our setting, the retailer faces buyers with little at stake in the price of an individual item. It is likely, therefore, that ...

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Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue

Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue

... “Price Adjustment in German Manufacturing: Evidence from Two Merged Surveys,” Harald Stahl presents evidence on formation of producer prices in German manufacturing, using two survey data sets on 1,200 ...

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Incomplete Price Adjustment and Inflation Persistence

Incomplete Price Adjustment and Inflation Persistence

... higher price adjustment cost implies as a response short-term interest rate that remains high for a considerable time period, yielding a large contraction in economic ...

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Price adjustment under the table: Evidence on efficiency enhancing corruption

Price adjustment under the table: Evidence on efficiency enhancing corruption

... on price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing ...economic price system with its distorted relative ...

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Endogenous Fixprices and Sticky Price Adjustment of Risk averse Firms

Endogenous Fixprices and Sticky Price Adjustment of Risk averse Firms

... 6 we introduce a small cost of price adjustment into the model where no endogenous fixprices exist and show that this reestablishes the qualitative distinction between risk neutrality an[r] ...

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Assessing the Behavioral Reaction of Investors to the Price Change Using the Speed of Price Adjustment Approach to the General Information and Its Relation with Future Return

Assessing the Behavioral Reaction of Investors to the Price Change Using the Speed of Price Adjustment Approach to the General Information and Its Relation with Future Return

... stock price adjustment, with the variable DELAY as its ...variables, price to earnings ratio (market performance variable), annual turnover (trade related variables) and closing price (market ...

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Quantity restrictions and price adjustment of Chinese textile exports to the U S

Quantity restrictions and price adjustment of Chinese textile exports to the U S

... The elimination of the Multifibre Arrangement (MFA) in 2005 provides an unusual op- portunity to examine the effects of a trade policy shock on export prices and firm behaviour. It was massive in scale, discrete in ...

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Market Structure and Price Adjustment in the Iranian Tea Market

Market Structure and Price Adjustment in the Iranian Tea Market

... that price transmission at different stages in the market-chain is not ...negative price impulses between two levels of a market, ...in price is quickly and symmetrically transmitted to market ...

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Dynamic price competition with price adjustment costs and product differentiation

Dynamic price competition with price adjustment costs and product differentiation

... when adjustment costs become very large, the extra costs to change prices strategically outweight the bene…ts, thus, …rms are in- duced to behave nonstrategically and the steady-state subgame perfect equilibrium ...

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Optimal price adjustment: tests of a price equation in U S  manufacturing

Optimal price adjustment: tests of a price equation in U S manufacturing

... In order to deEermine che most favorable price a Prospeccive buyer musE canvass the markeE' ihe probabillty of ending up with lhe lowest Price offer increases wich the amounc of search' [r] ...

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Essays on Price Adjustment in a Competitive Storage Model.

Essays on Price Adjustment in a Competitive Storage Model.

... the price function where storage demand just equals zero, plus any other possible ...equilibrium price series with higher levels of ...stock-out price, I use fewer grid points but space them ...

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Price adjustment and market structure

Price adjustment and market structure

... CR7 is the 1971 concentration ratio at MLH level in the Report on the Census of Production, lised H.. 1163 and H68 are unpublished estimates of the Herfindahl index of concentration by H[r] ...

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pricing stratetries

pricing stratetries

... Segmented pricing is used when a company sells a product at two or more prices even though the difference is not based on cost.. Price-Adjustment Strategies[r] ...

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Rational dynamic disequilibrium macro models with wage, price and inventory adjustment

Rational dynamic disequilibrium macro models with wage, price and inventory adjustment

... of price flexibility intra- and inter-period raises a special ...no price adjustment within the ...This price adjustment process is thus broadly consistent with the analysis of Chapter ...

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Correcting the Empirical Foundations of IPO-Pricing Regulation

Correcting the Empirical Foundations of IPO-Pricing Regulation

... liminary price estimate for each IPO as well as the actual IPO price—the pre-IPO price adjustment being the actual price minus that ...pre-IPO price adjustment and the ...

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Understanding post Crisis price deviations in Europe: disintegration or mere adjustment?

Understanding post Crisis price deviations in Europe: disintegration or mere adjustment?

... was price adjustment in some of these economies this did not occur via the same channels for all of these economies, implying that different non-tradeables and tradeables adjustment mechanisms were ...

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Theory and applications of disequilibrium econometrics

Theory and applications of disequilibrium econometrics

... Walrasian price adjustment, either as an indicator of the regime that is operative, or as a separate equation with estimat able parameters, which are specifically applicable to the markets in disequilibrium ...

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Inflation, Costs of Adjustment and the Real Price Amplitude: Am Empirical Study

Inflation, Costs of Adjustment and the Real Price Amplitude: Am Empirical Study

... of price adjustment, degree of competition, and price ...firm’s price policy were only par- tially controlled; not all cost variables were available, and demand factors were ...

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Multiple equilibria and chaos in a discrete tâtonnement process

Multiple equilibria and chaos in a discrete tâtonnement process

... The purpose of this note is to demonstrate a sufficient condition for a discrete tâtonnement process to lead to chaos in a general equilibrium model with multiple commodities. The result indicates that as the speed of ...

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