Search Results - subject:"menu"

Declining Responsiveness at the Establishment Level : Sources and Productivity Implications

Cooper, Russell W.; Haltiwanger, John C.; Willis, … - National Bureau of Economic Research - 2024

This paper studies competing sources of declining dynamism. Evidence shows that an important component of this decline is accounted for by the reduction in the response of employment to shocks in US establishments. Using a plant level dynamic optimization problem as a framework for analysis,...

Persistent link: https://www.econbiz.de/10014486222

Non-Linear Inflation Dynamics in Menu Cost Economies

Blanco, Andres; Boar, Corina; Jones, Callum; Midrigan, … - National Bureau of Economic Research - 2024

Canonical menu cost models, when parameterized to match the micro-price data, cannot reproduce the extent to which the … fraction of price changes increases with inflation. They also predict implausibly large menu costs and misallocation in the … presence of strategic complementarities. We resolve these shortcomings by extending the multi-product menu cost model along two …

Persistent link: https://www.econbiz.de/10014468294

More resources are better? : strategic alliance involvement and cost stickiness

Chen, Wenrui; Hong, Yun; Liu, Xinghe; Xu, Cheng; Gao, Jun - In: Finance research letters 59 (2024), pp. 1-12

Persistent link: https://www.econbiz.de/10014445335

The roles of price points and menu costs in price rigidity

Knotek, Edward S. - In: Journal of monetary economics 145 (2024), pp. 1-15

Persistent link: https://www.econbiz.de/10015071282

Nonlinear Dynamics in Menu Cost Economies? Evidence from U.S. Data

Blanco, Andres; Boar, Corina; Jones, Callum; Midrigan, … - National Bureau of Economic Research - 2024

We show that standard menu cost models cannot simultaneously reproduce the dispersion in the size of micro …

Persistent link: https://www.econbiz.de/10014635711

Labor skill and accounting conservatism

Chen, Jeff Zeyun; Jang, Youngki; Jung, Boochun; Noh, … - In: Journal of accounting and public policy 43 (2024), pp. 1-22

Persistent link: https://www.econbiz.de/10015056790

Menu-dependent risk attitudes : theory and evidence

Chen, Zhuo; Golman, Russell; Somerville, Jason - In: Journal of risk and uncertainty 68 (2024) 1, pp. 77-105

Persistent link: https://www.econbiz.de/10014502533

New pricing models, same old Phillips curves?

Auclert, Adrien; Rigato, Rodolfo; Rognlie, Matthew; … - In: The quarterly journal of economics 139 (2024) 1, pp. 121-186

Persistent link: https://www.econbiz.de/10014528125

Punishment menus and their deterrent effects : an exploratory analysis

Grolleau, Gilles; Mungan, Murat C.; Mzoughi, Naoufel - In: European journal of law and economics 58 (2024) 1, pp. 1-19

Persistent link: https://www.econbiz.de/10015079763

Promise, Trust and Betrayal: Costs of Breaching an Implicit Contract

Levy, Daniel; Young, Andrew T. - In: Southern Economic Journal (2021) forthcoming

We study the cost of breaching an implicit contract in a goods market. Young and Levy (2014) document an implicit contract between the Coca-Cola Company and its consumers. This implicit contract included a promise of constant quality. We offer two types of evidence of the costs of breach. First,...

Persistent link: https://www.econbiz.de/10012315236