Sentences with phrase «price stickiness»

In the financial gains domain, although long - time owners initially list their homes at much higher prices when compared to those who have owned their home for a shorter time, it is possible that they are more willing to lower prices to get the house sold and (still) earn a profit, resulting in less price stickiness.

A reluctance to lower asking prices, also known as downward price stickiness, created an excess supply (upwards of 6.2 million homes) and prolonged the housing crisis.

Rudiger Dornbusch (Dornbusch, 1976) extended Mundell's framework to a dynamic environment and showed that forward - looking behaviour, together with price stickiness, could generate exchange rate overshooting.

Not exact matches

I have assumed heterogeneity in price flexibility / stickiness.