Can More Frequent Price Changes Lead to Price Inertia? Nonneutralities in a State-Dependent Pricing Context

DOI10.2307/2527221zbMATH Open0891.90019OpenAlexW1966825128MaRDI QIDQ4375449FDOQ4375449

Authors: John R. Conlon, Christina Y. Liu 

Publication date: 5 February 1998

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2527221

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zbMATH Keywords

asymmetric fluctuationsaggregate price inertiageneralized \((s, S)\) state-dependent pricing modelPhillips curve slopes

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Cited In (6)

• Habit formation in state-dependent pricing models: implications for the dynamics of output and prices
• Aggregation and Optimization with State-Dependent Pricing: A Comment
• State dependent price setting rules under implicit thresholds: an experiment
• Time-varying (S, s) band models: properties and interpretation
• Investigating nonneutrality in a state-dependent pricing model with firm-level productivity shocks
• Choosing between time and state dependence: micro evidence on firms' price-reviewing strategies

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