the decentralized coordination mechanism inherent in all competitive markets. Coordinating supply and demand is not the …

Introduction -- Part I: Service Demand of Consumers -- Part II: Cost Analyses for Congestion-Prone Service Systems …-making theorems for consumers and suppliers is developed. The resulting demand and cost functions incorporate service time as the …

This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices … productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of …

labor demand. Our empirical analysis uses very rich information from the administrative panel data on the universe of … higher overall employment in the local markets, which increased by 40%, can be attributed to the deregulation. …

higher labor demand. Our empirical analysis uses very rich information from the administrative panel data on the universe of … higher overall employment in the local markets, which increased by 40%, can be attributed to the deregulation. …

model suggests that firms with high managerial efficiency open more stores per firm and have higher labor demand due to the … employment in the local markets, which increased by 40%, can be attributed to the deregulation. …