منابع مشابه
Cost Stickiness and Banks Credit Risk
The credit risk in banks is a function of the profitability and quality of bank assets. Moreover, cost stickiness also affects the quality of assets and profitability of banks. To achieve the research aims, is to explore relationship between cost stickiness and banks credit risk were tested and analyzed is based on pooling data from 21 banks in duration 2012-2019. The findings show that there i...
متن کاملPervasive Stickiness
This paper explores a macroeconomic model of the business cycle in which stickiness of information is a pervasive feature of the environment. Prices, wages, and consumption are all assumed to be set, to some degree, based on outdated information sets. We show that a model with such pervasive stickiness is better at matching some key facts that describe economic fluctuations than is either a ben...
متن کاملAggregate Price Stickiness
We accomplish two tasks to characterize aggregate price stickiness in this paper. First, we endogenize β, the fraction of the firms keeping their price unchanged following a money supply shock in the near-rationality model (Akerlof and Yellen, 1985) by introducing a distribution of price-adjustment barriers among the firms into the near-rationality model. Second, as β can be considered an indic...
متن کاملOn the Stickiness Property
In [4] the notion of stickiness for stochastic processes was introduced. It was also shown that stickiness implies absence of arbitrage in a market with proportional transaction costs. In this paper, we investigate the notion of stickiness further. In particular, we give examples of processes that are not semimartingales but are sticky.
متن کاملStickiness in mushroom billiards.
We investigate the dynamical properties of chaotic trajectories in mushroom billiards. These billiards present a well-defined simple border between a single regular region and a single chaotic component. We find that the stickiness of chaotic trajectories near the border of the regular region occurs through an infinite number of marginally unstable periodic orbits. These orbits have zero measur...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Nature
سال: 1966
ISSN: 0028-0836,1476-4687
DOI: 10.1038/2111021a0