Isbn: 9780198287605 - price rigidity: causes and macroeconomic implications (17 risultati)

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Condizione: Gut. Zustand: Gut | Sprache: Englisch | Produktart: Bücher | The price adjustment process is crucial to almost any macroeconomic issue. Current macroeconomic literature features widely different models ranking from instantaneous price adjustment to completely rigid prices. Professor Andersen provides a comprehensive analysis of reasons why prices may fail to adjust instantaneously to changes in market conditions. This unified treatment will allow the reader to understand the mechanisms at work without becoming lost in technical details. This volume covers both real and nominal price rigidities and integrates existing results from the literature with new results on causes for failures of price adjustment. The analysis of real price rigidities includes inventories, customer markets, search and collusive behaviour. Due to the focus on macroeconomic implications, the analysis of nominal price rigidities is extensive and includes menu costs, informational problems, asynchronized price setting as well as the interaction between price and wage setting. Professor Andersen's own theoretical work on imperfect information, a prime source of price and wage rigidity, is given prominence in the book. The volume is thus a combination of a valuable survey of the literature, and an original expression of future possible research avenues.…

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Condizione: New. The price adjustment process is crucial to almost any macroeconomic issue. This study provides a concise explanation of why prices may fail to adjust instantly, integrating existing results with the author's own work on asymmetric information and imperfect competition. Num Pages: 194 pages, 18 figures, 1 table. BIC Classification: KCBM; KCC. Category: (P) Professional & Vocational. Dimension: 224 x 147 x 16. Weight in Grams: 352. . 1994. Illustrated. hardcover. . . . . …

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Condizione: New. The price adjustment process is crucial to almost any macroeconomic issue. This study provides a concise explanation of why prices may fail to adjust instantly, integrating existing results with the author's own work on asymmetric information and imperfect competition. Num Pages: 194 pages, 18 figures, 1 table. BIC Classification: KCBM; KCC. Category: (P) Professional & Vocational. Dimension: 224 x 147 x 16. Weight in Grams: 352. . 1994. Illustrated. hardcover. . . . . Books ship from the US and Ireland. …

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Hardcover. Condizione: new. Hardcover. The price adjustment process is crucial to almost any macroeconomic issue. Current macroeconomic literature freatures widely different models ranking from instantaneous price adjustment to completely rigid prices. Professor Andersen provides a comprehensive analysis of reasons why prices may fail to adjust instantaneously to changes in market conditions. This unified treatment will allow the reader to understand the mechanisms at work without becoming lost intechnical details.This volume covers both real and nominal price rigidities and integrates existing results from the literature with new results on causes for failures of priceadjustment. The analysis of real price rigidities includes inventories, customer markets, search and collusive behaviour. Due to the focus on macroeconmic implications, the analysis of nominal price rigidities is extensive and includes menu costs, informational problems, asynchronized price setting as well as the interaction between price and wage setting.Andersen's own theoretical work on imperfect information, a prime source of price and wage rigidity, is givenprominence in the book. The volume is thus a combinatin of a valuable survey of the literature, and an original expression of future possible research avenues. The price adjustment process is crucial to almost any macroeconomic issue. Professor Andersen has provided a comprehensive and unified analysis of why prices may fail to adjust instantly, integrating existing results from the literature with his new work on asymmetric information and imperfect competition. This is a valuable and lucid treatment of the issue. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

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Hardcover. Condizione: new. Hardcover. The price adjustment process is crucial to almost any macroeconomic issue. Current macroeconomic literature freatures widely different models ranking from instantaneous price adjustment to completely rigid prices. Professor Andersen provides a comprehensive analysis of reasons why prices may fail to adjust instantaneously to changes in market conditions. This unified treatment will allow the reader to understand the mechanisms at work without becoming lost intechnical details.This volume covers both real and nominal price rigidities and integrates existing results from the literature with new results on causes for failures of priceadjustment. The analysis of real price rigidities includes inventories, customer markets, search and collusive behaviour. Due to the focus on macroeconmic implications, the analysis of nominal price rigidities is extensive and includes menu costs, informational problems, asynchronized price setting as well as the interaction between price and wage setting.Andersen's own theoretical work on imperfect information, a prime source of price and wage rigidity, is givenprominence in the book. The volume is thus a combinatin of a valuable survey of the literature, and an original expression of future possible research avenues. The price adjustment process is crucial to almost any macroeconomic issue. Professor Andersen has provided a comprehensive and unified analysis of why prices may fail to adjust instantly, integrating existing results from the literature with his new work on asymmetric information and imperfect competition. This is a valuable and lucid treatment of the issue. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

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Buch. Condizione: Neu. Price Rigidity | Causes and Macroeconomic Implications | Torben M. Andersen (u. a.) | Buch | Gebunden | Englisch | 1996 | OUP Oxford | EAN 9780198287605 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu Print on Demand.…