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Price Rigidity

By: Aarhus University) Andersen Professor of Economics Torben M. (Professor of Economics (Author)

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Ksh 29,350.00

Format: Hardback or Cased Book

ISBN-13: 9780198287605

Publisher: Oxford University Press

Publication Date: Nov 17th, 1994

Weight: 352 grams

Dimension: 22.40 x 14.70 x 1.60 cms

Category: Monetary economics

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The price adjustment process is crucial to almost any macroeconomic issue. Professor Andersen has provided a comprehensive and unified analysis of why prices may fail to adjust instantly, integrating existing results from the literature with his new work on asymmetric information and imperfect competition. This is a valuable and lucid treatment of the issue.

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