Similar Search Results

Price Rigidity and Flexibility: Recent Theoretical Developments

Levy, Daniel - 2007

The price system, the adjustment of prices to changes in market conditions, is the primary mechanism by which markets function and by which the three most basic questions get answered: what to produce, how much to produce and for whom to produce. To the behaviour of price and price system,...

Persistent link: https://www.econbiz.de/10015224825

Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue

Levy, Daniel; Smets, Frank - 2010

This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.

Persistent link: https://www.econbiz.de/10015224831

Price Rigidity and Flexibility: New Empirical Evidence

Levy, Daniel - 2007

The marketplace, along with its price system, is the single most important institution in a western-style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently and lies behind the magical invisible hand...

Persistent link: https://www.econbiz.de/10015224834

Fundamentos hipotéticos para proyectos de investigación sobre la crisis económica contemporánea

Reuben Soto, Sergio - 2012

The paper seeks to integrate the theoretical developments in the field of imperfect competition and monopoly, and operation of the firm in such conditions, with the theories of income distribution, particularly among the macroeconomic aggregates of capital and labor. And formulating a working...

Persistent link: https://www.econbiz.de/10015232570

Financialization and Capital Accumulation in the Non-Financial Corporate Sector: A Theoretical and Empirical Investigation of the U.S. Economy: 1973-2003

Orhangazi, Özgür - 2007

explore the relationship between financialization in the U.S economy and real investment at the firm level. Using data from a … financialization. First, increased financial investment and increased financial profit opportunities may have crowded out real … find between investment and financialization. …

Persistent link: https://www.econbiz.de/10009467773

Some Stylized Facts on the Finance-Dominated Accumulation Regime

Stockhammer, Engelbert - 2007

financialization. Households experience higher debt levels. Rising profits of businesses come with only moderate investment. The notion … together various arguments related to financialization (in the broad sense) from a macroeconomic point of view and investigate … investment behaviour, consumption behaviour and government expenditures, investigating to what extent changes are related to …

Persistent link: https://www.econbiz.de/10009468084

Ownership Structure and Efficiency in Large Economies

Bejan, Camelia; Bidian, Florin - 2009

We analyze the limit behavior of sequences of oligopolistic equilibria in which firms follow objectives consistent with their shareholders' interests. We show that the efficiency of the limit allocation depends on how firms' shares are distributed across consumers, and provide a characterization...

Persistent link: https://www.econbiz.de/10015218496

Corporate Social Responsibility and Corporate Financial Performance: Evidence from Korea

Choi, Jong-Seo; Kwak, Young-Min; Choe, Chongwoo - 2010

This paper studies the empirical relation between corporate social responsibility (CSR) and corporate financial performance in Korea using a sample of 1122 firm-years during 2002-2008. We measure corporate social responsibility by both an equal-weighted CSR index and a stakeholder-weighted CSR...

Persistent link: https://www.econbiz.de/10015221263

What is Your Software Worth?

Wiederhold, gio - 2005

This article presents a method for valuing software based on the income that use of that software is expected to generate in the future. Well-known principles of intellectual property (IP) valuation, sales expectations, discounting to present value, and the like, are applied, always focusing on...

Persistent link: https://www.econbiz.de/10015226485

Heterodox Critiques of Corporate Social Responsibility

Jo, Tae-Hee - 2011

Corporate social responsibility (CSR) is in vogue in recent times. It has been widely received by socially concerned people in business, academia, and NGOs that CSR would lend support to the improvement in social welfare and the protection of environment. However, the question that whether...

Persistent link: https://www.econbiz.de/10015229737