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Fixed price dynamics versus flexible price dynamics

Martin Currie and Ingrid Kubin ()

No 89, Department of Economics Working Paper Series from WU Vienna University of Economics and Business

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. (author's abstract)

Keywords: dynamics; fixed prices; flexible prices (search for similar items in EconPapers)
Date: 2005
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