Federal Reserve Bank of Cleveland: 'Firm Size, Heterogeneous Strategic Complementarities, and Real Rigidity'
June 04, 2025
June 04, 2025
CLEVELAND, Ohio, June 4 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 25-14) on June 2, 2025, by Takushi Kurozumi and Willem Van Zandweghe entitled "Firm Size, Heterogeneous Strategic Complementarities, and Real Rigidity."
Here are excerpts:
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Recent research indicates substantial differences in price-setting behavior between small and large firms, as only large firms exhibit strategic complementariti . . .
Here are excerpts:
* * *
Recent research indicates substantial differences in price-setting behavior between small and large firms, as only large firms exhibit strategic complementariti . . .