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Oligopolistic competition, price rigidity, and monetary policy

Ueda, Kozo; Watanabe, Kota - 2023

Persistent link: https://www.econbiz.de/10014331908

Technological transformation and nonbank competition in a model of retail banking oligopoly

Vesala, Jukka M. - 1998

Persistent link: https://www.econbiz.de/10000668971

Technological transformation and nonbank competition in a model of retail banking oligopoly

Vesala, Jukka M. - 1998

Persistent link: https://www.econbiz.de/10000985879

Bank Deposit Pricing in Competitive Oligopoly When Breaking Through the Zero Lower Bound

Bloechlinger, Andreas - 2020

Low key rates hurt the profits of deposit-taking institutions in a differentiated Bertrand game if there is neither a tax on banknotes, nor a limit on its quantity, nor a reduction of its quality. By making the electronic dollar the unit of account and taxing paper currency, the central bank can...

Persistent link: https://www.econbiz.de/10012856188

Staggered Price Setting, Bertrand Competition and Optimal Monetary Policy

Etro, Federico - 2014

We reconsider the New Keynesian model with staggered price setting when each market is characterized by a small number of firms competing in prices à la Bertrand rather than a continuum of isolated monopolists. Price adjusters change their prices less when there are more firms that do not...

Persistent link: https://www.econbiz.de/10013050270

Optimal monetary policy under Calvo pricing with Bertrand competition

Etro, Federico; Rossi, Lorenza - In: Journal of macroeconomics 45 (2015), pp. 423-440

Persistent link: https://www.econbiz.de/10011578031

Monetary policy obeying the Taylor principle turns prices into strategic substitutes

Cornand, Camille; Heinemann, Frank - In: Journal of economic behavior & organization : JEBO 200 (2022), pp. 1357-1371

Persistent link: https://www.econbiz.de/10013389411

Market structure and monetary non-neutrality

Mongey, Simon - 2017

Persistent link: https://www.econbiz.de/10011795285

Market Structure and Monetary Non-neutrality

Mongey, Simon - 2021

competitive sectors—separately parameterized to match the same microdata on price flexibility—the oligopoly economy features a … parameters, output responses are five times larger. An oligopoly economy also (i) requires smaller menu costs and idiosyncratic … rationale for positive menu costs: in an oligopoly firms prefer a degree of rigidity to complete flexibility. Quantitatively …

Persistent link: https://www.econbiz.de/10013212404

Markups and inflation in oligopolistic markets : evidence from wholesale price data

Alexander, Patrick; Han, Lu; Kryvtsov, Oleksiy; Tomlin, Ben - 2024 - Last updated: May 28, 2024

We study how the interaction of market power and nominal price rigidity influences inflation dynamics. We formulate a tractable model of oligopolistic competition and sticky prices and derive closed-form expressions for the pass-through of idiosyncratic and common cost shocks to firms' prices....

Persistent link: https://www.econbiz.de/10014562948