Inflation, Shadow Prices and the EMU: Evidence From Greece

Article Abstract:

Research on Greek manufacturing industries shows that significant allocative costs are linked to inflation, based on a model depicting shadow price-actual price deviation as a function of the economy-wide inflation level. Implications for Greece's European Monetary Union convergence are discussed.

Greece, Europe, Manufacturing industry, Manufacturing industries, Influence, Inflation (Finance), Inflation (Economics), Allocation (Accounting), European monetary union

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Testing for temporal asymmetry in the price-volume relationship

Article Abstract:

Evidence is presented supporting temporal asymmetry within price-volume relationships for the crude oil futures market. Bidirectional causality is demonstrated via threshold models; discussion includes explanations for this finding.

Australia, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum industry, Futures market, Futures markets, Natural gas, Petroleum, Gas industry, Supply and demand

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A note on the most-favoured-customer pricing policy

Article Abstract:

A new variable is introduced into the most-favored-customer pricing policy to demonstrate an equilibrium wherein duopolist companies can increase profits.

Japan, Financial management, Corporate Profits, Management dynamics, Management, Finance, Profit, Profits, Company business management, Company financing, Duopolies

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