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Monopolistic Price Adjustment and Aggregate Output (Classic Reprint)

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Excerpt from Monopolistic Price Adjustment and Aggregate Output This paper presents a new attempt at building a model which accounts for the existence of fluctuations in aggregate output in response to nominal disturbances, like an unpredicted injection of money…
Nber Macroeconomics Annual 1994
Hardcover

|December 7, 1994

$52.00

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This is the ninth in a series of annuals from the National Bureau of Economic Research that are designed to stimulate research on problems in applied economics, to bring frontier theoretical developments to a wider audience, and to accelerate the interaction…
Is the Business Cycle a Necessary Consequence of Stochastic Growth? (Classic Reprint)

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Excerpt from Is the Business Cycle a Necessary Consequence of Stochastic Growth? An even more important novelty in our analysis is that we identify three features of the co - movement of various forecasted series that are inconsistent with our basic stochastic…
Leadership Style and Incentives: September 1990 (Classic Reprint)

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Excerpt from Leadership Style and Incentives: September 1990 Students of business organizations have long recognized that the heads of different companies exercise their authority in different ways. Some leaders are quite autocratic; they seek and receive only…
Benefits of Narrow Business Strategies (Classic Reprint)

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Excerpt from Benefits of Narrow Business Strategies Given that B makes the effort, there are three possible equilibrium outcomes that can emerge from the contract that the firm offers A. In the first, A chooses to exert effort and, if he is successful, the firm…
Leadership Style and Incentives: September 1990 (Classic Reprint)

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Excerpt from Leadership Style and Incentives: September 1990 Students of business organizations have long recognized that the heads of different companies exercise their authority in different ways. Some leaders are quite autocratic; they seek and receive only…
Selection of Econometric Models With Out-of-Sample Data (Classic Reprint)

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Excerpt from Selection of Econometric Models With Out-of-Sample Data Knowing that a statistic tends to choose the best model is often not enough. Instead, it is desirable to know whether two competing models are significantly different in terms of their quality.…
The Relative Rigidity of Monopoly Pricing (Classic Reprint)
Paperback

|December 18, 2018

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Excerpt from The Relative Rigidity of Monopoly Pricing The relationship between industry structure and pricing is a major focus of Industrial Organization. One of the most striking facts to have emerged about this relationship is that monopolists tend to change…
Financial Transaction Costs and Industrial Performance (Classic Reprint)

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Collusive Price Leadership (Classic Reprint)

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Selection of Econometric Models With Out-of-Sample Data (Classic Reprint)

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Excerpt from Selection of Econometric Models With Out-of-Sample Data Knowing that a statistic tends to choose the best model is often not enough. Instead, it is desirable to know whether two competing models are significantly different in terms of their quality.…
The Relative Rigidity of Monopoly Pricing (Classic Reprint)

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Excerpt from The Relative Rigidity of Monopoly Pricing The relationship between industry structure and pricing is a major focus of Industrial Organization. One of the most striking facts to have emerged about this relationship is that monopolists tend to change…
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