Ayo, Adekunle S.; Uwabor, Eboigbe S. - In: CBN journal of applied statistics 12 (2021) 1, pp. 23-43
probabilities and the steady-state distribution of all the firms are stationary at first-order, implying that chain depends on the … previous state. The steady-state probabilities of all the firms examined exhibit relatively high price stability in the long run …