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Browsing ECO Working Papers by Subject "L1"
Now showing items 1-2 of 2
Title:Incomplete Cost Pass-Through Under Deep Habits
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A number of empirical studies document that marginal cost shocks are not fully
passed through to prices at the firm level and that prices are substantially less volatile
than costs. We show that in the relative-deep-habits ...
Title:Imitation and Selective Matching In Reputational Games
Author(s):VIGNOLO, ThierryDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper investigates imitation and selective matching in reputational
games with an outside option. We identify two classes of such games, which
are ultimatum and trust games. By selective matching we mean that ...