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Displaying results 1 to 4 of 4.

  1. Procyclical productivity in New Keynesian models
    Author: Qiu, Zhesheng; Ríos-Rull, José-Víctor
    Published: December 31, 2021
    Publisher:  Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, Philadelphia, PA

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    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Rechte
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: PIER working paper ; 22, 006
    Subjects: Procyclical Productivity; New Keynesian Models; Labor Share; Markups; Search
    Scope: 1 Online-Ressource (circa 70 Seiten), Illustrationen
  2. Equilibrium unemployment
    the role of discrimination
    Author: Córdoba Muñoz, Juan C.; Isojärvi, Anni T.; Li, Haoran
    Published: December 8, 2021
    Publisher:  Divisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, Washington, D.C.

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    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 412
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Finance and economics discussion series ; 2021, 080
    Subjects: Search; Unemployment; Discrimination; Statistical Discrimination; Taste-BasedDiscrimination; Structural; Decomposition
    Scope: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  3. Product differentiation and equilibrium price with partial product search
    Author: Liu, Lin; Wang, X. Henry
    Published: May 2021
    Publisher:  Department of Economics, University of Missouri, Columbia, MO

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working papers / Department of Economics, University of Missour ; 2107
    Subjects: Search; Partial-search depth; Price; Product differentiation; Competition
    Scope: 1 Online-Ressource (circa 11 Seiten)
  4. Optimal pricing, private information and search for an outside offer
    Author: Auster, Sarah; Kos, Nenad; Piccolo, Salvatore
    Published: April 2021
    Publisher:  ECONtribute, Bonn

    A buyer can either buy a good at a local monopolist or search for it in the market at a market price. The more intensely the buyer searches, the more likely he will find the good in the market, whereas if his search fails, he can still buy it from... more

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    Location:
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    Signature:
    DS 711
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    A buyer can either buy a good at a local monopolist or search for it in the market at a market price. The more intensely the buyer searches, the more likely he will find the good in the market, whereas if his search fails, he can still buy it from the local monopolist. We show that a buyer with a higher willingness to pay searches (weakly) more intensely. This skews the distribution of types buying at the local monopolist towards lower valuations and exerts pressure on the local monopolist to reduce his price. Despite this effect, offering the monopoly price remains weakly optimal in equilibrium: depending on the parameters, the local monopolist either chooses the monopoly price with probability one or he randomizes over a set of prices with the monopoly price as the upper bound of the support. Interestingly, a higher market price can make it more likely that the local monopolist prices below the monopoly level.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/237326
    Series: ECONtribute discussion paper ; no. 081
    Subjects: OptimalPricing; Search
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen