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ON THE STABILITY OF PRODUCTION PRICES
Metroeconomica, 1985Production prices are a vector of prices of produced goods, such that the rate of profit is uniform. This notion was originally conceived by the Classics and Marx. More recently this has been reproposed in the works of Sraffa and Von Neumann and after them it has been widely discussed by the economists.
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Constanta Maritime University Annals, Vol. 18, 2012, 2012 We can talk about price stability when not seen as inflation or deflation phenomena. Thus the European Central Bank defines price stability as an increase of up to 2% per annum of the harmonized index of consumer prices. The lowest inflation rates were recorded in countries such as Greece and Sweden, and the highest in Hungary, followed by Romania ...
Olteanu Ana-Cornelia +1 more
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Price clustering and the stability of stock prices
Journal of Business Research, 2016Abstract Understanding factors that influence volatility is vital to analysts, investment professionals, and firm managers. In this study, we take a non-traditional approach to identify the determinants of volatility by examining how frictions in the formation of prices affect the stability of stock prices.
Benjamin M. Blau, Todd G. Griffith
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Price and Output Stability under Price‐Level Targeting
Southern Economic Journal, 2001It is commonly believed that a monetary policy that targets the price level reduces the long‐term variability of the price level, but only at the cost of increased variability of both inflation and output. We develop a model in which the one‐step‐ahead variance of output and the price level are lower under price‐level targeting than under inflation ...
James Peery Cover, Paul Pecorino
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The Accounting Review, 1930
Reviews the book "Stabilization of Prices," by John S. Lawrence.
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Reviews the book "Stabilization of Prices," by John S. Lawrence.
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pica 2001. Innovative Computing for Power - Electric Energy Meets the Market. 22nd IEEE Power Engineering Society. International Conference on Power Industry Computer Applications (Cat. No.01CH37195), 2002
Although short run reactive power pricing schemes have been discussed and debated in the literature for a decade now, voltage stability, which is often a critical determinant of reactive power allocation in many systems, has rarely been discussed in the dispatch/pricing literature.
D. Chattopadhyay +2 more
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Although short run reactive power pricing schemes have been discussed and debated in the literature for a decade now, voltage stability, which is often a critical determinant of reactive power allocation in many systems, has rarely been discussed in the dispatch/pricing literature.
D. Chattopadhyay +2 more
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Price flexibility and output stability
1994In this symposium I shall play the role in which I was cast, the unreconstructed old Keynesian. Time was when I resisted labels and schools, naively hoping that our fledgling science was outgrowing them. I had, to be sure, been drawn into economics when The General Theory was an exciting revelation for students hungry for explanation and remedy of the ...
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A Note on Price Stability and Consumer's Welfare
Econometrica, 1985Recently, \textit{D. M. G. Newbery} and \textit{J. E. Stiglitz} [Econ. J. 89, 799-817 (1979); ''The theory of commodity price stabilization: A study in the economics of risk'' (1981)] have used stochastic dominance rules to analyze mean preserving partial price stabilization schemes.
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Price Stabilization and Welfare
The Quarterly Journal of Economics, 1969I. Introduction, 284. — II. The Waugh-Oi results, 285. — III. A model with producers and consumers, 288. — IV. A positive storage cost, 290. — V. The gains from price stabilization: a more general analysis, 290. — VI. The distribution of gains among producers and consumers, 293. — VII. Gains to individual producers and consumers, 294. — VIII.
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Panel Discussion: Price Stability: The Goal of Price Stability: The Debate in Canada
Journal of Money, Credit and Banking, 1991IN THE PAST THREE YEARS, the goal of price stability has been widely discussed in Canada. The debate has taken place both in the academic community and in the press, with the most notable contributions contained in two volumes published by the C. D. Howe Institute, and staff studies put out by the Bank of Canada (see Lipsey l990, York 1990, Selody 1990,
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