Inflation, customers and relative prices

The paper discusses the factors governing relative price changes often observed in sudden desinflations. It examines inflation induced changes in consumer behavior in markets with im-perfect information and, along similar lines, discusses ways through which inflation affects firms pricing decisions,...

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Detalhes bibliográficos
Autores: Franco, Gustavo H. B., Jr., Carlos Parcias
Formato: artículo
Estado:Versión publicada
Fecha de publicación:1991
País:Brasil
Recursos:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1472
Acesso em linha:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1472
Access Level:acceso abierto
Palavra-chave:Inflação
formação de preços
estabilização
Inflation
price composition
stabilization
Descrição
Resumo:The paper discusses the factors governing relative price changes often observed in sudden desinflations. It examines inflation induced changes in consumer behavior in markets with im-perfect information and, along similar lines, discusses ways through which inflation affects firms pricing decisions, focusing more specifically on changes in demand elasticity and on cash flow uncertainty. JEL Classification: E31.