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Price competition in an inflationary environment : conference paper
Dürsch, Peter; Eife, Thomas A. - 2014
' ability to cooperate. In an experimental market with price competition we show that both inflation and deflation signicantly …
Persistent link: https://www.econbiz.de/10010491108
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Vertical Differentiation in Monetary Search-Theorectic Models-Revisited
Chang, Chia-Ying - 2010
In this article, the discussion on quality levels in the monetary search theoretical model is extended. By having quality levels endogenously determined, we found that whether money holders have quality preferences is crucial to the results. While the effect of the fraction of money on quality...
Persistent link: https://www.econbiz.de/10013149151
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Optimal monetary policy with endogenous entry and product variety
Bilbiie, Florin Ovidiu; Fujiwara, Ippei; Ghironi, Fabio - In: Journal of monetary economics 64 (2014), pp. 1-20
Persistent link: https://www.econbiz.de/10010462968
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Optimal Monetary Policy with Endogenous Entry and Product Variety
Bilbiie, Florin - 2011
entry and product variety in a sticky-price model with monopolistic competition in which price stability would be optimal in …
Persistent link: https://www.econbiz.de/10013119776
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Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
Bilbiie, Florin - 2012
This paper studies the role of endogenous producer entry and product creation for monetary policy analysis and business cycle dynamics in a general equilibrium model with imperfect price adjustment. Optimal monetary policy stabilizes product prices, but lets the consumer price index vary to...
Persistent link: https://www.econbiz.de/10013103258
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Monetary Policy and Business Cycles with Endogenous Entry and Product Variety
Bilbiie, Florin O. - 2007
This paper studies the role of endogenous producer entry and product creation for monetary policy analysis and business cycle dynamics in a general equilibrium model with imperfect price adjustment. Optimal monetary policy stabilizes product prices, but lets the consumer price index vary to...
Persistent link: https://www.econbiz.de/10012465454
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Optimal Monetary Policy with Endogenous Entry and Product Variety
Bilbiie, Florin O. - 2011
entry and product variety in a sticky-price model with monopolistic competition in which price stability would be optimal in …
Persistent link: https://www.econbiz.de/10012461168
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News shocks, monetary policy, and amplification effects in New Keynesian macroeconomics
Offick, Sven - 2015
Persistent link: https://www.econbiz.de/10011431930
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Bank competition with product differentiation under different monetary policy rules
Toolsema, L. A. - 2001
Persistent link: https://www.econbiz.de/10001619218
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Duopolistic Competition and Monetary Policy
Ueda, Kozo - 2021
A standard macroeconomic model based on monopolistic competition (Dixit-Stiglitz) does not account for the strategic … behaviors of oligopolistic firms. In this study, we construct a tractable Hotelling duopoly model with price stickiness to … price stickiness. (2) The real effect of monetary policy under duopolistic competition is larger than that in a Dixit …
Persistent link: https://www.econbiz.de/10013241990