State-Dependent Pricing, Firm Entry and Exit, and Non-Neutrality of Money

Koki Oikawa, Kōzō Ueda
{"title":"State-Dependent Pricing, Firm Entry and Exit, and Non-Neutrality of Money","authors":"Koki Oikawa, Kōzō Ueda","doi":"10.2139/ssrn.2548853","DOIUrl":null,"url":null,"abstract":"Money is not neutral if firm entry and exit are incorporated into a menu cost model. The real effect of money increases as a firm entry and exit rate increases, and the key is non-uniform firm distribution.","PeriodicalId":169574,"journal":{"name":"ERN: Entry & Exit (Topic)","volume":"52 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2015-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Entry & Exit (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2548853","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 5

Abstract

Money is not neutral if firm entry and exit are incorporated into a menu cost model. The real effect of money increases as a firm entry and exit rate increases, and the key is non-uniform firm distribution.
查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
国家定价,企业进入和退出,以及货币的非中立性
如果将企业进入和退出纳入菜单成本模型,货币就不是中性的。货币的实际效应随着企业进入和退出率的增加而增加,其关键在于企业分布的不均匀性。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 去求助
来源期刊
自引率
0.00%
发文量
0
期刊最新文献
Platform Oligopoly with Endogenous Homing: Implications for Free Entry and Mergers Biosimilar Entry and the Pricing of Biologic Drugs Few Notes on Inequality in Israel: The Causes Behind Inequality Self-Preferencing in Markets with Vertically-Integrated Gatekeeper Platforms Vertical Contracts and Entry
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1