Long-Term Contracting and Multiple-Price Systems
收藏NBER1991-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3782
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资源简介：
This paper examines product markets in which long-term contracts and spot transactions coexist. Such markets are characterized by "multiple-price systems," wherein adjustment to supply and demand shocks occurs through spot prices, while contract prices are fixed, or adjust slowly. We derive the
本文研究长期合同与现货交易并存的产品市场。此类市场具有“多重价格体系（multiple-price systems）”的特征：对供需冲击的调整通过现货价格实现，而合同价格则保持固定或缓慢调整。我们推导了
提供机构：
美国国家经济研究局
创建时间：
1991-07-01
