Results 11 - 20
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7,042
Inflation dynamics, marginal cost, and the output gap: . . .
, 2002
"... Recent studies by Galí and Gertler (1999), Galí, Gertler, and López-Salido (2001), and Sbordone (2001, 2002) have argued that the New Keynesian Phillips curve (Calvo pricing model) is empirically valid, provided that real marginal cost rather than detrended output is used as the variable driving inf ..."
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Cited by 55 (2 self)
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Recent studies by Galí and Gertler (1999), Galí, Gertler, and López-Salido (2001), and Sbordone (2001, 2002) have argued that the New Keynesian Phillips curve (Calvo pricing model) is empirically valid, provided that real marginal cost rather than detrended output is used as the variable driving
REAL MARGINAL COSTS IN THE GHIRONI-MELITZ MODEL
, 2012
"... Entry dynamics as a solution to the puzzling behaviour of real marginal costs in the Ghironi-Melitz model by Alberto Felettigh ..."
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Entry dynamics as a solution to the puzzling behaviour of real marginal costs in the Ghironi-Melitz model by Alberto Felettigh
The New Keynesian Phillips Curve and the Cyclicality of Marginal Cost
"... Several authors have argued that if the labor share of income is used as the proxy for real marginal cost, then the sticky-price version of the New Keynesian Phillips Curve does a good job of approximating US inflation dynamics. However, this paper argues that the labor share is an inappropriate mea ..."
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Cited by 6 (1 self)
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Several authors have argued that if the labor share of income is used as the proxy for real marginal cost, then the sticky-price version of the New Keynesian Phillips Curve does a good job of approximating US inflation dynamics. However, this paper argues that the labor share is an inappropriate
THE FULL MARGINAL COST OF VEHICLE TRAVEL ON US ROADWAYS By
, 2011
"... In this research, models primarily based on the Highway Economic Requirements System (HERS) are retrofitted to calculate six component marginal costs: Safety, Travel Time, Vehicle Operations, Agency, Emissions, and Noise. Each of these marginal costs is separately obtained for both peak and off-peak ..."
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In this research, models primarily based on the Highway Economic Requirements System (HERS) are retrofitted to calculate six component marginal costs: Safety, Travel Time, Vehicle Operations, Agency, Emissions, and Noise. Each of these marginal costs is separately obtained for both peak and off
Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy
, 2003
"... We present a model embodying moderate amounts of nominal rigidities that accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these features, th ..."
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Cited by 1340 (42 self)
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We present a model embodying moderate amounts of nominal rigidities that accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these features
The Effect of Marginal Cost Elasticity on Competitive Balance
"... This article presents a model of talent investments where two clubs compete for prizes. Our model is based on a general class of cost functions with a constant elasticity of marginal costs with respect to investments. The analysis finds that reduced revenue sharing improves competitive balance. Furt ..."
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Cited by 1 (1 self)
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This article presents a model of talent investments where two clubs compete for prizes. Our model is based on a general class of cost functions with a constant elasticity of marginal costs with respect to investments. The analysis finds that reduced revenue sharing improves competitive balance
A Note on the Marginal Cost Approach in Maintenance
- Journal of Optimization Theory and Applications
, 1995
"... In this paper we verify the conditions under which the marginal cost approach of Berg [6, 7, 8] holds. As observed by Aven and Dekker [2] the validity of the marginal cost approach gives rise to a useful framework of single component maintenance optimization models which covers almost all models use ..."
Abstract
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Cited by 2 (1 self)
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In this paper we verify the conditions under which the marginal cost approach of Berg [6, 7, 8] holds. As observed by Aven and Dekker [2] the validity of the marginal cost approach gives rise to a useful framework of single component maintenance optimization models which covers almost all models
The Marginal Cost of Public Funds is One
, 2010
"... An electronic version of the paper may be downloaded • from the SSRN website: www.SSRN.com • from the RePEc website: www.RePEc.org • from the CESifo website: Twww.CESifo-group.org/wp T ..."
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An electronic version of the paper may be downloaded • from the SSRN website: www.SSRN.com • from the RePEc website: www.RePEc.org • from the CESifo website: Twww.CESifo-group.org/wp T
The Marginal Cost of Public Funds in Africa
"... exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in th ..."
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exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the view of the World Bank, its Executive Directors, or the countries they represent. Policy Research Working Papers are available online at
THE DERIVATIVE AND MARGINAL COST, REVENUE, AND PROFIT
"... Abstract: The article is focused to describe several examples of economical and business problems which are solved by using derivations. The examples are used in mathematical courses in the first year of study (the first term) at the Faculty of Economics and Administration. ..."
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Abstract: The article is focused to describe several examples of economical and business problems which are solved by using derivations. The examples are used in mathematical courses in the first year of study (the first term) at the Faculty of Economics and Administration.
Results 11 - 20
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7,042