Construct · 1 fields · 1 citations

state-dependent pricing: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
state-dependentpricing1 CONSTRUCTState-dependent pricingDOTSEY · MACROECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

price setting in which the timing of price changes responds to economic conditions rather than following a fixed schedule.

In macroeconomics, state-dependent pricing refers to price setting in which the timing of price changes responds to economic conditions rather than following a fixed schedule. This meaning comes from Dotsey (1999) in The Quarterly Journal of Economics.[1]

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Nearby constructs

Caplin-Spulber model1 fields · 1 citationsanchor · a standalone constructschedule3 fields · 4 citationsjingle · one word, three constructs

References

  1. Dotsey, M., King, R. G., & Wolman, A. L. (1999). State-Dependent Pricing and the General Equilibrium Dynamics of Money and Output. The Quarterly Journal of Economics, 114(2), 655-690. https://doi.org/10.1162/003355399556106

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