Sticky Prices, Inventories, and Market Power in Wholesale Gasoline Markets
收藏NBER1996-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5468
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资源简介：
We present and test an explanation for lags in the adjustment of wholesale gasoline prices to changes in crude oil prices. Our simple model with costly adjustment of production and inventories implies that output prices will respond with a lag to cost shocks even in the absence of menu costs,
提供机构：
美国国家经济研究局
创建时间：
1996-02-01
