Inventories and Sticky Prices: More on the Microfoundations of Macroeconomics
收藏NBER1981-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0620
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资源简介：
The role of inventories in making prices "sticky" is studied by analyzing a dynamic linear-quadratic model of a monopoly firm facing stochastic demand, but able to store its finished goods in inventory. It is shown that, in contrast to the usual presumption, firms that exhibit the smallest output
提供机构：
美国国家经济研究局
创建时间：
1981-01-01
