of deviations of actual prices from P* in predicting the amount of inflationary potential in the Japanese and German …

. The variance of agent valuations determines how quickly prices adjust following a shock to fundamentals. We examine the …

stable export prices. This examination of Japanese exporters finds that these firms have taken a middle course: By altering … their profit margins to some degree, the exporters moderate the exchange-rate-induced changes in prices seen by their …

falling prices really that bad? According to the Austrian School of Economics, this is not necessarily the case. A distinction … the first three kinds, falling prices are regarded as benign free market responses to changing circumstance, whether these … the Japanese economy of 1990-2001 is revisited. While consumer prices fell in 1995 and 1999-2001, if other prices are …

prices as an information variable for monetary policy implementation. A set of option prices provides us with information on … prices on stock prices and long term government bond futures. The estimation is done for a sample of daily closing prices for …