The consequences of price inestability on search markets: a quantitative assessment

dc.contributorNeumeyer, Pablo A.
dc.contributorUniversidad Torcuato Di Tella
dc.creatorCampos Lopes, Caetano de
dc.creatorGómez Vidal, Analía
dc.creatorLópez, Fernando
dc.creatorSpector, Mariano
dc.date.accessioned2017-04-03T16:08:18Z
dc.date.accessioned2022-10-14T19:38:31Z
dc.date.available2017-04-03T16:08:18Z
dc.date.available2022-10-14T19:38:31Z
dc.date.created2017-04-03T16:08:18Z
dc.date.issued2011
dc.identifierhttp://repositorio.utdt.edu/handle/utdt/1450
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/4288500
dc.description.abstractThis paper calibrates the model of a real economy in which inflation is introduced as an idiosyncratic shock to firms’ costs. Inflation induces relative price variability, eroding long-term relationships between customers and firms. We calibrate the model using a data set of individual prices of Argentina due to Álvarez, Beraja, Gonzalez-Rozada and Neumeyer. We find that there is not a good match between the model and the data. The model finds it particularly difficult to account for price dispersion in a context of price stability.
dc.publisherUniversidad Torcuato Di Tella
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.subjectPrecios -- Evaluación -- Metodología
dc.subjectEstudios de mercado
dc.subjectPolítica económica -- Modelos económicos
dc.subjectTesis
dc.titleThe consequences of price inestability on search markets: a quantitative assessment
dc.typeinfo:eu-repo/semantics/bachelorThesis


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