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Fixed price dynamics versus flexible price dynamics

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  • Currie, Martin
  • Kubin, Ingrid

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Abstract

This paper contrasts the dynamical behaviors of fixed and flexible price regimes for a monopolistically competitive manufacturing sector in which firms base decisions on expectations about product demands. (author's abstract)

Suggested Citation

  • Currie, Martin & Kubin, Ingrid, 2005. "Fixed price dynamics versus flexible price dynamics," Department of Economics Working Paper Series 114, WU Vienna University of Economics and Business.
  • Handle: RePEc:wiw:wus005:114
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    File URL: http://epub.wu.ac.at/114/
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    Keywords

    dynamics; fixed prices; flexible prices;

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