Menu costs and nominal price friction: An experimental examination

Journal of Economic Behavior and Organization

Volumn 35, Issue 3, 1998, Pages 371-388

  Wilson, Bart J ^a  

^a FEDERAL TRADE COMMISSION   (United States)

Author keywords

E12; Experimental economics; G32; Menu costs; Sticky prices

Indexed keywords

EID: 0008983717     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0167-2681(98)00039-0     Document Type: Article

References (4)

1. Caballero R.J., Engel E. Heterogeneity and Output Fluctuations in a Dynamic Menu- Cost Economy. Review of Economic Studies. 60:1993;95-119.
2. Davis, D., Holt, C., 1993. Experimental Economics. Princeton University Press, Princeton, NJ.
3. Harrison, G., McKee, M., Rutstrom, E., 1990. Experimental Evaluation of Institutions of Monopoly Restraint. in: Green, L., Kagel, J. (Eds.), Advances in Behavioral Economics. Ablex Publishing Corporation, Norwood, MA, vol. 2, pp. 54-94.
4. Mankiw N.G. Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly. Quarterly Journal of Economics. 100(2):1985;529-539.