PSYCHOLOGICAL THRESHOLDS, DEMAND AND PRICE RIGIDITY

Stavros A. Drakopoulos

24 citations0/0 files storedManchester School

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Monetary Policy and Economic Impact Economic Theory and Policy Economic theories and models

Abstract

One of the main characteristics of Keynesian and neo-Keynesian economics is the idea of wage and price inflexibility. In the past decade, Keynesian theorists have attempted to build the microeconomic foundations of price and wage inertia. Much of their effort has been concentrated on the labour

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n.d.A theory of justice original edition 1997Motivation and Personality 1936The General Theory of Employment, Interest and Money.1993Motivation and personality 1980Toward a positive theory of consumer choice 1937The General Theory of Employment 1980Economics and Consumer Behavior 1948Foundations of Economic Analysis.

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2004Post Keynesian consumer theory: Potential synergies with consumer research and economic psychology 2020Between preferences and references: Asymmetric price elasticities and the simulation of fiscal policies

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