-adjustment costs in an inflationary environment. The model nests both the original menu-cost model that allows production to be …

West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level … and combine them with production expectations over a quarterly horizon in the same survey to construct series of … and at most 34 percent of firms systematically over- or underpredict their one-quarter-ahead upcoming production. In a …

Management research has long focused on the theory of the firm, studying for-profit organizations that produce … relationships and are characterized by the production of appropriation-free resources and the absence of boundaries. Wikipedia is … organizational theory, innovation economics, and industrial organization should therefore be critically examined …