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Technological transformation and nonbank competition in a model of retail banking oligopoly
Vesala, Jukka M. - 1998
Persistent link: https://www.econbiz.de/10000985879
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Bank Deposit Pricing in Competitive Oligopoly When Breaking Through the Zero Lower Bound
Bloechlinger, Andreas - 2020
Low key rates hurt the profits of deposit-taking institutions in a differentiated Bertrand game if there is neither a tax on banknotes, nor a limit on its quantity, nor a reduction of its quality. By making the electronic dollar the unit of account and taxing paper currency, the central bank can...
Persistent link: https://www.econbiz.de/10012856188
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Market Structure and Monetary Non-neutrality
Mongey, Simon - 2021
competitive sectors—separately parameterized to match the same microdata on price flexibility—the oligopoly economy features a … parameters, output responses are five times larger. An oligopoly economy also (i) requires smaller menu costs and idiosyncratic … rationale for positive menu costs: in an oligopoly firms prefer a degree of rigidity to complete flexibility. Quantitatively …
Persistent link: https://www.econbiz.de/10013212404
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Market structure and monetary non-neutrality
Mongey, Simon - 2017
Persistent link: https://www.econbiz.de/10011795285
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Staggered and synchronized price policies under inflation : the multiproduct monopoly case
Sheshinski, Eytan; Weiss, Yoram - 1989
Persistent link: https://www.econbiz.de/10000762920
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Price setting with menu cost for multi-product firms
Alvarez, Fernando; Lippi, Francesco - 2012
Persistent link: https://www.econbiz.de/10009524191
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Price setting with menu cost for multiproduct firms
Alvarez, Fernando; Lippi, Francesco - In: Econometrica : journal of the Econometric Society, an … 82 (2014) 1, pp. 89-135
Persistent link: https://www.econbiz.de/10010403901
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Price setting with menu cost for multi-product firms
Alvarez, Fernando; Lippi, Francesco - 2012
Persistent link: https://www.econbiz.de/10009512868
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Price Setting with Menu Cost for Multi-Product Firms
Alvarez, Fernando - 2012
We model the decisions of a multi-product firm that faces a fixed "menu" cost: once it is paid, the firm can adjust the price of all its products. We characterize analytically the steady state firm's decisions in terms of the structural parameters: the variability of the flexible prices, the...
Persistent link: https://www.econbiz.de/10013108604
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Price Setting with menu cost for Multi-product firms
Alvarez, Fernando E. - 2012
We model the decisions of a multi-product firm that faces a fixed "menu" cost: once it is paid, the firm can adjust the price of all its products. We characterize analytically the steady state firm's decisions in terms of the structural parameters: the variability of the flexible prices, the...
Persistent link: https://www.econbiz.de/10012460733