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Price Rigidity

- Causes and Macroeconomic Implications

Bag om Price Rigidity

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.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780198287605
  • Indbinding:
  • Hardback
  • Sideantal:
  • 194
  • Udgivet:
  • 17. November 1994
  • Størrelse:
  • 147x224x16 mm.
  • Vægt:
  • 352 g.
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Leveringstid: 2-4 uger
Forventet levering: 18. Maj 2024

Beskrivelse af Price Rigidity

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.

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