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The Causes of Price Inflexibility

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  • Jules Backman

Abstract

Classification of factors determining price rigidities, 474. — Characteristics of the product, 476. — Law or administrative decree, 481. — Concentration of control, 482. — Marketing techniques, 484. — Habits and customs, 486. — Contractual arrangements, 486. — Structure of the market, 487. — Conclusions, 488.

Suggested Citation

  • Jules Backman, 1940. "The Causes of Price Inflexibility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 54(3), pages 474-489.
    • Handle: RePEc:oup:qjecon:v:54:y:1940:i:3:p:474-489.
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    Cited by:

    1. Knotek II, Edward S., 2008. "Convenient prices, currency, and nominal rigidity: Theory with evidence from newspaper prices," Journal of Monetary Economics, Elsevier, vol. 55(7), pages 1303-1316, October.
    2. W A Jackson, 2015. "Markets and the Meaning of Flexibility," Economic Issues Journal Articles, Economic Issues, vol. 20(2), pages 45-65, September.
    3. Alan Kackmeister, 2005. "Yesterday's bad times are today's good old times: retail price changes in the 1890s were smaller, less frequent, and more permanent," Finance and Economics Discussion Series 2005-18, Board of Governors of the Federal Reserve System (U.S.).
    4. Alan Kackmeister, 2007. "Yesterday's Bad Times Are Today's Good Old Times: Retail Price Changes Are More Frequent Today Than in the 1890s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(8), pages 1987-2020, December.
    5. Parra Álvarez, Juan Carlos & Misas A., Martha & López-Enciso, Enrique Antonio, 2011. "Heterogeneidad en la fijación de precios en Colombia : análisis de sus determinantes a partir de modelos de conteo," Chapters, in: López Enciso, Enrique & Ramírez Giraldo, María Teresa (ed.), Formación de precios y salarios en Colombia T.1, volume 1, chapter 8, pages 251-293, Banco de la Republica de Colombia.
    6. Alan Kackmeister, 2007. "Yesterday's Bad Times Are Today's Good Old Times: Retail Price Changes Are More Frequent Today Than in the 1890s," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(8), pages 1987-2020, December.

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