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Optimal Stabilization Policies in a Market with Lagged Adjustment in Supply

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  • S. J. Turnovsky

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  • S. J. Turnovsky, 1973. "Optimal Stabilization Policies in a Market with Lagged Adjustment in Supply," The Economic Record, The Economic Society of Australia, vol. 49(1), pages 31-49, March.
    • Handle: RePEc:bla:ecorec:v:49:y:1973:i:1:p:31-49
    DOI: 10.1111/j.1475-4932.1973.tb02266.x
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    References listed on IDEAS

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    1. George S. Fishman, 1964. "Price Behavior Under Alternative Forms of Price Expectations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(2), pages 281-298.
    2. Marc Nerlove, 1958. "Adaptive Expectations and Cobweb Phenomena," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 72(2), pages 227-240.
    3. Benton F. Massell, 1969. "Price Stabilization and Welfare," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 83(2), pages 284-298.
    4. Pashigian, B Peter, 1970. "Rational Expectations and the Cobweb Theory," Journal of Political Economy, University of Chicago Press, vol. 78(2), pages 338-352, March-Apr.
    5. Frederick V. Waugh, 1944. "Does the Consumer Benefit from Price Instability?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 58(4), pages 602-614.
    6. Stephen J. Turnovsky, 1973. "Optimal Stabilization Policies for Deterministic and Stochastic Linear Economic Systems," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 40(1), pages 79-95.
    7. Mordecai Ezekiel, 1938. "The Cobweb Theorem," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 52(2), pages 255-280.
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