Monopolistic Competition, Relative Prices and Output Adjustment in the Open Economy
收藏NBER1986-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1787
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资源简介:
The purpose of this paper is to explain price and output dynamics in an open economy characterized by a monopolistic competitive market structure in which pricing decisions incur costs. That lead producers to pre-set the price path for several periods. The paper derives an optimal pricing rule,
提供机构:
美国国家经济研究局
创建时间:
1986-01-01



