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Fixed price dynamics versus flexible price dynamics

Publication: Working/Discussion PaperWU Working Paper and Case

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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)

Publication series

SeriesDepartment of Economics Working Paper Series
Number89

WU Working Papes and Cases

  • Department of Economics Working Paper Series

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