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Inflation, costly price and quantity adjustments, and time spent in the Keynesian regime

Danziger, Leif - In: Economics letters 80 (2003) 2, pp. 161-166

Persistent link: https://www.econbiz.de/10001774142

Fixed Production Capacity, Menu Cost and the Output-Inflation Relationship

Danziger, Leif; Kreiner, Claus Thustrup - 2004

This paper analyses the impact of inflation when firms face frictions in both price and quantity adjustments. A vast …. Moreover, recent findings suggest that frictions in quantity adjustment may remove the linkage between output and inflation. In … this paper we show that this is not the case when inflation is anticipated. On the contrary, a predetermined production …

Persistent link: https://www.econbiz.de/10014112959

Lumpy investment and variable capacity utilization : firm-level and macroeconomic implications

Bachmann, Andreas - 2015

The macroeconomic implications of firms' lumpy investment behavior are subject to ongoing research. Lumpy investment results from fixed capital adjustment costs which give firms an incentive to reduce the frequency of capital adjustments. However, previous studies have underestimated the...

Persistent link: https://www.econbiz.de/10011337725

Measuring TFP : the role of profits, adjustment costs, and capacity utilization

Comin, Diego; Quintana, Javier; Schmitz, Tom; Trigari, … - 2021

Persistent link: https://www.econbiz.de/10013198423

Persistence of capacity shortage and the role of adjustment costs

Driver, Ciaran F.; Meade, Nigel - In: Scottish journal of political economy : the journal of … 48 (2001) 1, pp. 27-47

Persistent link: https://www.econbiz.de/10001547178

Demand volatility, adjustment costs, and productivity : an examination of capacity utilization in hotels and airlines

Butters, R. Andrew - In: American economic journal : a journal of the American … 12 (2020) 4, pp. 1-44

Persistent link: https://www.econbiz.de/10012421862

Demand Volatility, Adjustment Costs, and Productivity : An Examination of Capacity Utilization in Hotels and Airlines

Butters, R. Andrew - 2017

Measures of productivity reveal large differences across producers even within narrowly defined industries. Traditional measures of productivity, however, will associate differences in demand volatility to differences in productivity when adjusting factors of production is costly. I document...

Persistent link: https://www.econbiz.de/10012967587