Shrinking Goods And Sticky Prices
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Shrinking Goods And Sticky Prices
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Author : Avichai Snir
language : en
Publisher:
Release Date : 2011
Shrinking Goods And Sticky Prices written by Avichai Snir and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
If producers have more information than consumers about goods' attributes, then they may use non-price (rather than price) adjustment mechanisms and, consequently, the market may reach a new equilibrium even if prices remain sticky. We study a situation where producers adjust the quantity (per package) rather than the price in response to changes in market conditions. Although consumers should be indifferent between equivalent changes in goods' prices and quantities, empirical evidence suggests that consumers often respond differently to price changes and equivalent quantity changes. We offer a possible explanation for this puzzle by constructing and empirically testing a model in which consumers incur cognitive costs when processing goods' price and quantity information. The model is based on evidence from cognitive psychology and explains consumers' decision whether or not to process goods' price and quantity information. Our findings explain why producers sometimes adjust goods' prices and sometimes goods' quantities. In addition, they predict variability in price adjustment costs over time and across economic conditions.
Economics Of Shrinking Products
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Author : Mashhood Raza Khan
language : en
Publisher: Mashhood Raza Khan
Release Date : 2021-06-04
Economics Of Shrinking Products written by Mashhood Raza Khan and has been published by Mashhood Raza Khan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-04 with Business & Economics categories.
Have you ever felt that your favourite burger has got costlier than before? Well perhaps you have, it's called inflation. But have you ever felt that the size of your favourite burger has been simultaneously reduced as well? Apparently it's true but maybe you haven't already realised it yet or maybe you have, either way stop wasting your time by reading this part, go over to the cash counter, pay for this book and take it home. (yes I can see you) CAUTION: READING THIS BOOK MIGHT OPEN YOUR EYES ABOUT HOW YOU'VE BEEN PAYING MORE AND IN RETURN GAINING LESS, this is due to Shrinkflation. But that's not all about it, so let's dive into this topic and get to know all about SHRINKFLATION and how it's affecting your pockets.
Shrinking Goods
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Author : Daniel Levy
language : en
Publisher:
Release Date : 2013
Shrinking Goods written by Daniel Levy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Sticky Prices
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Author : A. K. Kashyap
language : en
Publisher:
Release Date : 1994
Sticky Prices written by A. K. Kashyap and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Prices categories.
This paper presents new results on the size, frequency, and synchronization of price changes for twelve selected retail goods over the past 35 years. Three basic facts about the data are uncovered: first, nominal prices are typically fixed for more than one year although the time between changes is very irregular; second, prices change more often during periods of high overall inflation; third, when prices do change, the sizes of the changes are widely dispersed. Both 'large' and 'small' changes occur for the same item and the sizes of these changes do not closely depend on overall inflation
Sticky Exchange Rates And Flexible Prices
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Author : Ms.Anne Marie Gulde
language : en
Publisher: International Monetary Fund
Release Date : 1991-12-01
Sticky Exchange Rates And Flexible Prices written by Ms.Anne Marie Gulde and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-12-01 with Business & Economics categories.
Real exchange rate variability tends to be higher under flexible than under fixed exchange rates. The neokeynesian view attributes the higher variability to the combination of volatile nominal exchange rates with sticky prices. The neoclassical approach regards an increased incidence of real shocks as the culprit. We test the crucial assumptions underlying the two models for the interwar period. Prices and exchange rates are found to be equally flexible. We hence reject the neokeynesian sticky price view for our sample period. In contrast, our results are consistent with, while not constituting evidence for, the neoclassical equilibrium approach.
Flexible Exchange Rates For A Stable World Economy
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Author : Joseph E. Gagnon
language : en
Publisher: Peterson Institute
Release Date : 2011
Flexible Exchange Rates For A Stable World Economy written by Joseph E. Gagnon and has been published by Peterson Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Volatile exchange rates and how to manage them are a contentious topic whenever economic policymakers gather in international meetings. This book examines the broad parameters of exchange rate policy in light of both high-powered theory and real-world experience. What are the costs and benefits of flexible versus fixed exchange rates? How much of a role should the exchange rate play in monetary policy? Why don't volatile exchange rates destabilize inflation and output? The principal finding of this book is that using monetary policy to fight exchange rate volatility, including through the adoption of a fixed exchange rate regime, leads to greater volatility of employment, output, and inflation. In other words, the "cure" for exchange rate volatility is worse than the disease. This finding is demonstrated in economic models, in historical case studies, and in statistical analysis of the data. The book devotes considerable attention to understanding the reasons why volatile exchange rates do not destabilize inflation and output. The book concludes that many countries would benefit from allowing greater flexibility of their exchange rates in order to target monetary policy at stabilization of their domestic economies. Few, if any, countries would benefit from a move in the opposite direction.
Downsizing Bei Konsumg Tern
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Author : Tina Leibinger
language : de
Publisher: Springer-Verlag
Release Date : 2017-08-03
Downsizing Bei Konsumg Tern written by Tina Leibinger and has been published by Springer-Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-03 with Business & Economics categories.
Tina Leibinger beschäftigt sich in Ihrem Buch mit dem Thema Downsizing von Lebensmitteln – d.h. Packungs-größen-Reduktionen mit resultierenden Grundpreiserhöhungen. Der Fokus liegt dabei neben der Herausarbeitung relevanter Aspekte für ein differenziertes Verständnis des Themas Downsizing sowie der Zusammenführung und Bewertung bestehender Forschungsarbeiten auf der empirischen Untersuchung der Konsumenten-Wahrnehmung von Downsizing sowie deren Verknüpfung mit Konsumenten-Reaktionen.
Costing The Earth
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Author : Bernd Meyer
language : en
Publisher: Haus Publishing
Release Date : 2009-12-01
Costing The Earth written by Bernd Meyer and has been published by Haus Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-01 with Nature categories.
Our economies must react. "Sustainable behavior must pay off" - this is one of the central tenets of The Sustainability Project. Costing the Earth: Restructuring the Economy for Sustainable Development outlines the economic conditions for achieving the goal of sustainable development, in Europe and around the world. It also explains the incentives for sustainable economic management using economic tools.
Introduction To Globalization
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Author : Rosa Gomez Dierks
language : en
Publisher: Rowman & Littlefield
Release Date : 2001
Introduction To Globalization written by Rosa Gomez Dierks and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Globalization is generally covered in graduate courses which focus primarily on critical perspectives. This book fills the gap in the study of globalization as an introductory text suitable for undergraduates. In addition, this text includes entire chapters on subjects only partially covered in other texts such as regionalism, global education, interactive politics, think tanks, NGOs, and IFIs. This work integrates important topics to give students a broad understanding of the complex political, economic, and technological interaction among the key players in the globalization process: governments, MNCs, NGOs, think tanks, and international financial institutions. All chapters include review questions, exercises, and web links to help students apply concepts and theories. The final chapter presents five short case studies to encourage students to apply problem-solving skills in addressing the challenges of globalization in the 21st century. A Burnham Publishers book
Aqa A Level Business 2 Third Edition Wolinski Coates
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Author : John Wolinski
language : en
Publisher: Hachette UK
Release Date : 2016-03-07
Aqa A Level Business 2 Third Edition Wolinski Coates written by John Wolinski and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-03-07 with Study Aids categories.
Exam Board: AQA Level: AS/A-level Subject: Business First Teaching: September 2015 First Exam: June 2017 This textbook has been fully revised to reflect the 2015 AQA Business specification, giving you up-to-date material that supports your teaching and student's learning. - Gives in-depth insight into Business practices and theories - Wolinski and Coates are known for their comprehensive yet accessible style. - Ensures students can understand the real world context of what they're learning and apply their knowledge with fact files on real businesses - Provides practice exercises at the end of each chapter that reflect the style of the new assessments including multiple choice, short answer, data response and case study questions Contents Unit 7 Analysing the strategic position of a business - 1 Mission, corporate objectives and strategy - 2 Analysing the existing internal position of a business to assess strengths and weaknesses: financial ratio analysis - 3 Analysing the existing internal position of a business to assess strengths and weaknesses: overall performance - 4 Analysing the external environment to assess opportunities and threats: political and legal change - 5 Analysing the external environment to assess opportunities and threats: economic change - 6 Analysing the external environment to assess opportunities and threats: social and technological - 7 Analysing the external environment to assess opportunities and threats: the competitive environment - 8 Analysing strategic options: investment appraisal Unit 8 Choosing strategic direction - 9 Strategic direction: choosing what markets to compete in and what products to offer - 10 Strategic positioning: choosing how to compete Unit 9 Strategic methods: how to pursue strategies - 11 Assessing a change in scale - 12 Assessing innovation - 13 Assessing internationalisation - 14 Assessing greater use of digital technology Unit 10 Managing strategic change - 15 Managing change - 16 Managing organisation culture - 17 Managing strategic implementation - 18 Problems with strategy and why strategies fail