Price Rigidity and Market Power in German Retailing

Zentrum für internationale Entwicklungs- und Umweltforschung der Justus-Liebig-Universität Gießen Price Rigidity and Market Power in German Retailing

House Price Rigidity and the Asymmetric Response of Housing Prices to Monetary Policy in Iran

This paper examines downward price rigidity in Iranian house market and discusses whether this characteristic would result in an asymmetric relationship between house price and monetary policy. To test the downward house price rigidity the threshold GARCH model is employed. The asymmetric adjustment to monetary policy is examined using the asymmetric cointegration and error correction models. T...

The Threshold Reaction of Price Setting Behavior Indexes to Inflation Rate Changes: An Application of Price Micro Information to Understand the Changes of Price Rigidity Degree

In this paper we measure the price stickiness in Iran’s economy. More specifically, we use sub-aggregates data of consumer price index from 1990:3 to 2014:2 to investigate the analyze the frequency and size of price changes and test whether they are affected from the CPI variations. This is important as it determined how much the monetary authority can expect to have influence on the real ec...

Investigating the Competition Status and the Impact of Market Power on Electricity Price: Case of Iran's Wholesale Electricity Market

Policy makers need to be acquainted with market competition statue. it would ease the decision making and restructuring of market. The aim of this study is to measure the competition of the wholesale electricity market and then investigate the impact of market power on wholesale electricity price during 2013 to 2017. The Result shows that market share of P.U.s in the wholesale electricity marke...

Investigating the Competition Status and the Impact of Market Power on Electricity Price: Case of Iran's Wholesale Electricity Market

Policy makers need to be acquainted with market competition statue. it would ease the decision making and restructuring of market. The aim of this study is to measure the competition of the wholesale electricity market and then investigate the impact of market power on wholesale electricity price during 2013 to 2017. The Result shows that market share of P.U.s in the wholesale electricity marke...