Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19002
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dc.contributor.authorDanziger, Leifen_US
dc.date.accessioned2009-01-28T15:54:23Z-
dc.date.available2009-01-28T15:54:23Z-
dc.date.issued2005en_US
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_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo Working Paper |x1538en_US
dc.subject.jelE31en_US
dc.subject.ddc330en_US
dc.subject.stwInflationen_US
dc.subject.stwProduktionen_US
dc.subject.stwAnpassungskostenen_US
dc.subject.stwEinnahmenen_US
dc.subject.stwElastizitäten_US
dc.subject.stwKonjunkturen_US
dc.subject.stwTheorieen_US
dc.titleOutput effects of inflation with fixed price- and quantity-adjustment costsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn500852073en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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