We investigate how consumer information affects price adjustment in the Austrian retail gasoline market. Our measure of is obtained from detailed census data on commuting behavior, as commuters can freely sample prices their route and are thus better informed about prices. A threshold error-correction model suggests that adjust more quickly if cost shocks exceed certain thresholds. Parametric s...

We use qualitative data to analyze the key elements of the price adjustment processes used at a large industrial manufacturer and several of its major customers. We focus on a specific episode, a price cut, which most vividly exemplifies the themes that emerge from our data. In the specific episode, market forces clearly dictate that the firm should cut prices, and everyone in the firm agrees w...

We present a method of speed adjustment as a means of controlling motion in of key-frame animation. This method is designed for key-point trajectories that are expressed as differentiable parametric curves. The animator is given a means of influencing the speed of a trajectory 's traversal by the direct manipulation of a speed-profile curve. Any adjustment of this curve is translated into an ad...

the exchange rate unification is one of the most important instruments of economic adjustment, which is used in many countries. this paper shows the effects of the exchange rate unification on price level (inflation), gross domestic production (gdp), non-oil exports, private conception, government expenditure and stock of money. the data, is used related to the period 1959-2000. to analyze the ...

This note corrects the analysis given in Woodford (2003, chap. 5) of a model with staggered pricing and endogenous capital accumulation, to take account of an error in the original calculations noted by Sveen and Weinke (2004). The main source of complication in this analysis is the assumption that the producers of individual differentiated goods (that adjust their prices at different dates) in...