Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19002 
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dc.contributor.authorDanziger, Leifen
dc.date.accessioned2009-01-28T15:54:23Z-
dc.date.available2009-01-28T15:54:23Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/19002-
dc.description.abstractWith fixed costs of price and quantity adjustment, output effects of inflation depend on theelasticity of the firm's marginal real revenue. If the elasticity always exceeds minus unity,then output decreases with inflation, while if the elasticity is always less than minus unity,then output increases with inflation. In the special case that the elasticity always equals minusunity, then output is independent of inflation. This is the case if demand is derived from a logquadraticutility function.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1538en
dc.subject.jelE31en
dc.subject.ddc330en
dc.subject.stwInflationen
dc.subject.stwProduktionen
dc.subject.stwAnpassungskostenen
dc.subject.stwEinnahmenen
dc.subject.stwElastizitäten
dc.subject.stwKonjunkturen
dc.subject.stwTheorieen
dc.titleOutput effects of inflation with fixed price- and quantity-adjustment costs-
dc.typeWorking Paperen
dc.identifier.ppn500852073en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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