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Housing reform and China's real estate industry : review and forecast

Ni, Pengfei; Zou, Linhua; Gao, Guangchun; Jiang, Xuemei - 2020

Persistent link: https://www.econbiz.de/10011898831

Banerjee, A.V.; Maskin, E.S. - Harvard Institute of Economic Research (HIER), … - 1996

Money has always been something of an embarrassment to economic theory. Everyone agrees that it is important; indeed, much of macroeconomic policy discussion makes no sense without reference to money. Yet, for the most part, theory fails to provide a good account for it. Indeed in the...

Persistent link: https://www.econbiz.de/10005245669

The effects of macroeconomic factors on stock returns: Istanbul Stock Market

Rjoub, Husam; Türsoy, Turgut; Günsel, Nil - In: Studies in Economics and Finance 26 (2009) March, pp. 36-45

Purpose – The purpose of this paper is to investigate the performance of the arbitrage pricing theory (APT) in the …

Persistent link: https://www.econbiz.de/10005081118

Are the traditional trade-exchange rate theorems relevant for developing countries facing entry costs in international markets?

Borgersen, Trond-Arne - In: International Journal of Economics and Business Research 3 (2011) 1, pp. 42-59

entry costs in international markets. Firstly, the theorems analysing pricing of tradable goods and the trade balance …

Persistent link: https://www.econbiz.de/10009352446

Can standard preferences explain the prices of out-of-the-money S&P 500 put options?

Benzoni, Luca; Collin-Dufresne, Pierre; Goldstein, Robert S. - Federal Reserve Bank of Chicago - 2011

The 1987 stock market crash occurred with minimal impact on observable economic variables (e.g., consumption), yet dramatically and permanently changed the shape of the implied volatility curve for equity index options. Here, we propose a general equilibrium model that captures many salient...

Persistent link: https://www.econbiz.de/10009366971

Economics for Lovers of Literature

Johnes, Geraint - 2023

1. Introduction -- 2. The Price of Oysters (demand and supply) -- 3. When You’ve Got to Go, You’ve Got to Go (pricing … topics in contemporary economics – from supply and demand, pricing, labour markets, externalities, and game theory, to …

Persistent link: https://www.econbiz.de/10014286464

State-dependent pricing under infrequent information: a unified framework

Bonomo, Marco; Carvalho, Carlos; Garcia, René - Federal Reserve Bank of New York - 2010

We characterize optimal state-dependent pricing rules under various forms of infrequent information. In all models … nature of infrequent information. In two benchmark cases with continuously available information, optimal pricing rules are … purely state-dependent. In contrast, in all environments with infrequent information, optimal pricing rules are both time …

Persistent link: https://www.econbiz.de/10008500296

A Note on Deregulation of Natural Gas Prices

Cooper, Richard N. - In: Brookings Papers on Economic Activity 13 (1982) 2, pp. 371-394

Persistent link: https://www.econbiz.de/10009001866

Teams of rivals: endogenous markups in a Ricardian world

Blas, Beatriz de; Russ, Katheryn Niles - Federal Reserve Bank of Dallas - 2010

We show that an ostensibly disparate set of stylized facts regarding firm pricing behavior can arise in a Ricardian … are able to mesh this dichotomy with the existence of pricing-to-market and imperfect pass-through, as well as to capture … distribution for markups that previously could only be seen numerically and a way to quantify endogenous pricing rigidities …

Persistent link: https://www.econbiz.de/10008836193

Strategic Price Rigidity.

Granero, L-M - Departament d'Economia i Història Econòmica, … - 1996

This paper explores how costly price adjustment and strategic interaction may cause a leader-follower configuration to arise. While most imperfect models predict that price-setters will synchronize their moves, we show that leadership generates stable staggering.

Persistent link: https://www.econbiz.de/10005572165