Output Fluctuations and Gradual Price Adjustment

This paper reviews the leading ideas that have emerged within two paradigms of price adjustment. Neither, it appears, provides a satisfactory theoretical scheme when taken in isolation. This paper concludes that an attempt to merge the more convincing elements of each is needed, and some suggestions for such a merger are put forward

MoreLess

Year of publication:	[2021]
Authors:	Gordon, Robert J.
Publisher:	[S.l.] : SSRN
Subject:	Konjunktur \| Business cycle \| Theorie \| Theory \| Preisrigidität \| Price stickiness \| Bruttoinlandsprodukt \| Gross domestic product \| Preisregulierung \| Price regulation

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (90 p)
Series:	NBER Working Paper ; No. w0621
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1981 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013212923