Fixed Price Dynamics versus Flexible Price Dynamics

Martin Currie and Ingrid Kubin ()
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Martin Currie: School of Economic Studies, Victoria University of Manchester, UK

Department of Economics Working Papers from Vienna University of Economics and Business, Department of Economics

Abstract: This paper contrasts the dynamical behaviors of fixed and flexible price regimes for a monopolistically competitive manufacturing sector in which firms base decisions on expectations about product demands.

JEL-codes: C62 D43 L13 (search for similar items in EconPapers)
Date: 2005-01
New Economics Papers: this item is included in nep-ind
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Working Paper: Fixed price dynamics versus flexible price dynamics (2005)
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