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The Impact of Inflation and Uncertainty on the Optimum Markup Set by Firms
16 references·0 citing·40 second hop
The Impact of Inflation and Uncertainty on the Optimum Markup Set by Firms (2002)The Impact of Inflation and Uncertainty o…Inflation and Unemployment (1995)Inflation and UnemploymentA Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles (1988)A Theory of Dynamic Oligopoly…Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)Co-Integration and Error Corr…Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly (1985)Small Menu Costs and Large Bu…Estimates of the Variance of U. S. Inflation Based upon the ARCH Model (1983)Estimates of the Variance of …Prices and quantities: A macroeconomic analysis (1981)Prices and quantities: A macr…Nobel Lecture: Inflation and Unemployment (1977)Nobel Lecture: Inflation and …Economies of Scale in Multi-Output Production (1977)Economies of Scale in Multi-O…Asset returns and inflation (1977)Asset returns and inflationINFLATION AND RATES OF RETURN ON COMMON STOCKS (1976)INFLATION AND RATES OF RETURN…COMMON STOCKS AS A HEDGE AGAINST INFLATION (1976)COMMON STOCKS AS A HEDGE AGAI…Some International Evidence on Output-Inflation Tradeoffs. (1973)Some International Evidence o…Production of commodities by means of commodities (1960)Production of commodities by …PRICE THEORY AND BUSINESS BEHAVIOUR (1939)PRICE THEORY AND BUSINESS BEH…Demand Under Conditions of Oligopoly (1939)Demand Under Conditions of Ol…Industry and Trade (1920)Industry and TradeThe General Theory of Employment, Interest and Money. (1936)The General Theory of Employment (1937)THE ECONOMICS OF JOB SEARCH: A SURVEY (1976)A Theory of Social Custom, of Which Unemployment May be One Consequence (1980)An empirical analysis of cross-national economic growth, 1951–1980 (1989)The Role of Monetary Policy (1995)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Expected stock returns and volatility (1987)Efficient Capital Markets: II (1991)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Industrial Market Structure and Economic Performance. (1971)Rational cooperation in the finitely repeated prisoners' dilemma (1982)Multimarket Oligopoly: Strategic Substitutes and Complements (1985)Empirical Implications of Alternative Models of Firm Dynamics (1998)What's in a Name? Reputation as a Tradeable Asset (1999)Artificial Intelligence, Algorithmic Pricing, and Collusion (2020)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)Anticipated inflation and the capital stock in a cash in-advance economy (1981)Multivariate Simultaneous Generalized ARCH (1995)Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule (1977)Noise (1986)Coordinating Coordination Failures in Keynesian Models (1988)Information and the Change in the Paradigm in Economics (2002)A Theory of the Consumption Function (1960)Econometric policy evaluation: A critique (1976)Trends and random walks in macroeconmic time series (1982)A SENSITIVITY ANALYSIS OF CROSS-COUNTRY GROWTH REGRESSIONS (1991)Notes on consumption, investment and effective demand: I (1978)VALUE AND DISTRIBUTION IN THE CLASSICAL ECONOMISTS AND MARX 1 (1984)5 AN ESSAY ON POST-KEYNESIAN THEORY: A NEW PARADIGM IN ECONOMICS (1997)Statistical analysis of cointegration vectors (1988)MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)Bounds testing approaches to the analysis of level relationships (2001)THEORIES OF THE FIRM: MARGINALIST, BEHAVIORAL, MANAGERIAL (1978)Collusion and Price Rigidity (2004)Why do firms differ, and how does it matter? (1991)The Handbook of Economic Sociology (1994)The Resurgence of Regional Economies, Ten Years Later (1995)
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References

  • 1987Co-Integration and Error Correction: Representation, Estimation, and Testing31,983 cited
  • 1977Asset returns and inflation2,701 cited
  • 1973Some International Evidence on Output-Inflation Tradeoffs.2,448 cited
  • 1977Nobel Lecture: Inflation and Unemployment1,800 cited
  • 1960Production of commodities by means of commodities1,507 cited
  • 1985Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly1,223 cited
  • 1920Industry and Trade1,031 cited
  • 1939PRICE THEORY AND BUSINESS BEHAVIOUR858 cited
  • 1995Inflation and Unemployment771 cited
  • 1988A Theory of Dynamic Oligopoly, II: Price Competition, Kinked Demand Curves, and Edgeworth Cycles731 cited
  • 1976COMMON STOCKS AS A HEDGE AGAINST INFLATION697 cited
  • 1981Prices and quantities: A macroeconomic analysis585 cited
  • 1977Economies of Scale in Multi-Output Production580 cited
  • 1976INFLATION AND RATES OF RETURN ON COMMON STOCKS567 cited
  • 1939Demand Under Conditions of Oligopoly485 cited
  • 1983Estimates of the Variance of U. S. Inflation Based upon the ARCH Model

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