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https://hdl.handle.net/10419/19002
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Danziger, Leif | en |
dc.date.accessioned | 2009-01-28T15:54:23Z | - |
dc.date.available | 2009-01-28T15:54:23Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/19002 | - |
dc.description.abstract | With 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.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x1538 | en |
dc.subject.jel | E31 | en |
dc.subject.ddc | 330 | en |
dc.subject.stw | Inflation | en |
dc.subject.stw | Produktion | en |
dc.subject.stw | Anpassungskosten | en |
dc.subject.stw | Einnahmen | en |
dc.subject.stw | Elastizität | en |
dc.subject.stw | Konjunktur | en |
dc.subject.stw | Theorie | en |
dc.title | Output effects of inflation with fixed price- and quantity-adjustment costs | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 500852073 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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