Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259954 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
Working Paper No. 2008:6
Publisher: 
Lund University, School of Economics and Management, Department of Economics, Lund
Abstract: 
Large review costs lead to time-dependent price setting rules. State-dependent rules become more likely when there is an increase in: set-up costs, the variability of the equilibrium price or the efficiency loss associated with being away from equilibrium.
Subjects: 
time-dependent price rule
state-dependent price rule
JEL: 
E31
E32
Document Type: 
Working Paper

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