| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3074 |
| DP3074 Inflation Targeting in Emerging Market and Transition Economies: Lessons After a Decade | |
| Stefan Gerlach; Jeffery D. Amato | |
| 发表日期 | 2001-11-23 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper analyses endogenous price leadership in a duopolistic market with differentiated products and symmetrically informed firms. We study the effects of deadlines and discounting in a standard endogenous leadership model. We show that there will be occasional changes in the identity of the price leader with any cost of delay or discounting, however small. By analyzing the incentives that induce a firm to take up the leader position we derive positive predictions about which firm will lead most price changes. |
| 主题 | Industrial Organization |
| 关键词 | Endogenous timing Price leadership War of attrition |
| URL | https://cepr.org/publications/dp3074 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532107 |
| 推荐引用方式 GB/T 7714 | Stefan Gerlach,Jeffery D. Amato. DP3074 Inflation Targeting in Emerging Market and Transition Economies: Lessons After a Decade. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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