Sticky prices and indeterminacy [electronic resource] / Mark Weder.
Sticky prices and indeterminacy [electronic resource] / Mark Weder.
About this item
Full title
Author / Creator
Publisher
[Adelaide] : School of Economics, University of Adelaide, 2006.
Date
2006.
Record Identifier
MMS ID
Language
English
Formats
Publication information
Publisher
[Adelaide] : School of Economics, University of Adelaide, 2006.
Series
Place of Publication
South Australia
Date Published
2006.
Subjects
More information
Scope and Contents
Summary
The aim of the present paper is to analyze the link between price rigidity and indeterminacy. This is done within a cash-in-advance economy from which we know that it exhibits indeterminacy at high degrees of relative risk aversion. I find that price stickiness reduces the scope of these sunspot equilibria: sluggish price adjustment requires degree...
Alternative Titles
Full title
Sticky prices and indeterminacy [electronic resource] / Mark Weder.
Authors, Artists and Contributors
Author / Creator
Author / Artists
Notes
General note
Research paper / University of Adelaide. School of Economics ; no. 2006-02.
Title from title screen (viewed on Aug. 9, 2011)
"February 9, 2006".
Includes bibliographical references (p. 12-13)
System details note
Mode of access: Internet via World Wide Web. Address as at 09/08/2011: http://www.economics.adelaide.edu.au/research/papers/
System requirements: Adobe Acrobat reader to access the document in PDF.
Contextual Information
Other version (online)
Identifiers
Primary Identifiers
Record Identifier
74VvKyBZ0bod
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/74VvKyBZ0bod
Other Identifiers
DDC
338.52
MMS ID
991007952709702626
