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Learning by Asking Those Who Are Doing

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  • Alan S. Blinder

    (Princeton University)

Abstract

This paper argues that interviews and surveys are an underutilized research tool in economics. In particular, it defends the propositions that the interview method might work better than more conventional theory and econometrics as a way to learn about the reasons for wage and price stickiness. The research design for a large-scale interview study of pricing behavior is described in detail. This study will "test" the empirical relevance of twelve different theories.

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File URL: http://college.holycross.edu/RePEc/eej/Archive/Volume16/V16N4P297_306.pdf
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Bibliographic Info

Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 16 (1990)
Issue (Month): 4 (Oct-Dec)
Pages: 297-306

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Handle: RePEc:eej:eeconj:v:16:y:1990:i:4:p:297-306

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Postal: c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA
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  1. Blinder, Alan S & Choi, Don H, 1990. "A Shred of Evidence on Theories of Wage Stickiness," The Quarterly Journal of Economics, MIT Press, vol. 105(4), pages 1003-15, November.
  2. Stiglitz, Joseph E, 1987. "The Causes and Consequences of the Dependence of Quality on Price," Journal of Economic Literature, American Economic Association, vol. 25(1), pages 1-48, March.
  3. Baily, Martin Neil, 1974. "Wages and Employment under Uncertain Demand," Review of Economic Studies, Wiley Blackwell, vol. 41(1), pages 37-50, January.
  4. Robert J. Gordon, 1981. "Output Fluctuations and Gradual Price Adjustment," NBER Working Papers 0621, National Bureau of Economic Research, Inc.
  5. Blinder, Alan S, 1982. "Inventories and Sticky Prices: More on the Microfoundations of Macroeconomics," American Economic Review, American Economic Association, vol. 72(3), pages 334-48, June.
  6. Gordon, Donald F, 1974. "A Neo-Classical Theory of Keynesian Unemployment," Economic Inquiry, Western Economic Association International, vol. 12(4), pages 431-59, December.
  7. Barro, Robert J., 1977. "Long-term contracting, sticky prices, and monetary policy," Journal of Monetary Economics, Elsevier, vol. 3(3), pages 305-316, July.
  8. Cooper, Russell & John, Andrew, 1988. "Coordinating Coordination Failures in Keynesian Models," The Quarterly Journal of Economics, MIT Press, vol. 103(3), pages 441-63, August.
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Cited by:
  1. Galuscak, Kamil & Keeney, Mary & Nicolitsas, Daphne & Smets, Frank & Strzelecki, Pawel & Vodopivec, Matija, 2012. "The determination of wages of newly hired employees: Survey evidence on internal versus external factors," Labour Economics, Elsevier, vol. 19(5), pages 802-812.
  2. Joachim Wagner, 2010. "From estimation results to stylized facts. Twelve recommendations for empirical research in international activities of heterogeneous firms," Working Paper Series in Economics 186, University of Lüneburg, Institute of Economics.
  3. Alan S. Blinder, 1991. "Why are Prices Sticky? Preliminary Results from an Interview Study," NBER Working Papers 3646, National Bureau of Economic Research, Inc.
  4. Joachim Wagner, 2008. "Exporte und Firmenerfolg: Welche Firmen profitieren wie vom internationalen Handel?," Working Paper Series in Economics 81, University of Lüneburg, Institute of Economics.
  5. Lenger, Alexander & Kruse, Jan, 2012. "Rekonstruktive Forschungsmethoden in der deutschen Volkswirtschaftslehre: Eine explorative Erhebung zugrunde liegender Repräsentationsmuster," The Constitutional Economics Network Working Papers 02-2012, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
  6. Wagner, Joachim, 2002. "Unobserved firm heterogeneity and the size-exports nexus : evidence from German panel data," HWWA Discussion Papers 194, Hamburg Institute of International Economics (HWWA).
  7. Leon Taylor, 1991. "Building Infrastructure to Accomodate Growth," Eastern Economic Journal, Eastern Economic Association, vol. 17(4), pages 473-481, Oct-Dec.
  8. Callahan, Charlene & Elliott, Catherine S., 1996. "Listening: A narrative approach to everyday understandings and behavior," Journal of Economic Psychology, Elsevier, vol. 17(1), pages 79-114, February.

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