Risk Channels of Pricing and Production: A Model of Inertial Prices and Cyclical Markups Working Papers uri icon

authors

  • KIM, SEONG-HOON
  • MOON, SEONGMAN

publication date

  • 2012

keywords

  • newsvendor; risk channels; cost channel; hedging channel; offer curve; hedge curve; price inertia; markups; cyclicality