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-run relationship between international and domestic price. For corn 66 out of 104, for soybeans 27 out of 54, for wheat 47 out of 82 …
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endogenous international price movements that are consistent with both the "old" and the "new" facts. In this mechanism, firms … operating in a monopolistically competitive environment adjust price and quality of their products in response to technological … shocks. This model is consistent with the old facts if price levels are not adjusted for quality. Instead, if quality …
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second- and third-degree price discrimination, and in the probability of their concerts selling out. Most strikingly, artists …
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