Menu costs, firm strategy, and price rigidity

Economics Letters

Volumn 76, Issue 3, 2002, Pages 345-349

  Owen, Ann ^a   Trzepacz, David ^a  

^a HAMILTON COLLEGE   (United States)

Author keywords

Menu costs; Sticky prices

Indexed keywords

EID: 0036340957     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0165-1765(02)00055-1     Document Type: Article

References (7)

1. A near-rational model of the business cycle, with wage and price inertia
2. Menu costs, firm size and price rigidity
3. Aggregation and optimisation with state-dependent pricing
4. EDLP, Hi-Lo, and margin arithmetic
5. The magnitude of menu costs: Direct evidence from large US supermarket chains
6. Small menu costs and large business cycles: A macroeconomic model of monopoly
7. The output-inflation trade-off when prices are costly to change