The impact of price-quality schedule changes on the 'optimal input choice' of producers which subscribe to a minimum quality standard is investigated using the stochastic dominance method. In addition, the effects of a transition from a fixed price schedule to a quality-dependent price schedule...

Price regulations impart stickiness to prices. The degree of response is analysed for three CPI sub-index inflations - freely determined, regulated and mixed prices - and of aggregate CPI inflation to anticipated and unanticipated monetary policies. Freely determined prices and aggregate CPI...