ADJUSTMENT COSTS AND PRICE AND QUANTITY ADJUSTMENT

被引：6
|
作者：
ANDERSEN, TM
机构：
[1] Department of Economics, University of Aarhus, Århus C
来源：
ECONOMICS LETTERS | 1995年 / 47卷 / 3-4期
关键词：
ADJUSTMENT COSTS; RATIONING; PRICE AND QUANTITY;
D O I：
10.1016/0165-1765(94)00576-N
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The role of prices and quantities in the adjustment process changes qualitatively when both price and quantity adjustment are costly. Not only relative adjustment costs but also structural characteristics affect the adjustment process which is asymmetric and implies rationing.
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页码：343 / 349
页数：7
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