139 research outputs found
Price Rigidity: A Survey of Evidence From Micro-Level Data
Full text linkOver the last decade or more micro price studies have proliferated. In this paper a survey of this literature reveals alternative theoretical explanations of sticky prices: (a) sellers review and change prices only at predetermined intervals (except under extraordinary circumstances), so that any price reaction appears only when that time arrives (referred to as “time dependent pricing”); or (b) prices are always reviewed after a shock or policy move (“state dependent pricing”), but may be altered only if the difference between the actual and the new target price is sufficient to warrant an adjustment. The empirical evidence is that prices take longer to change in developed countries than in developing economies. In addition, the frequency of price movements differs widely across goods and the timing of price changes is not synchronized across sellers
Drawing the troubled artist abroad: Guy Delisle’s visual travelogues
No full textThis article interrogates the multiple roles Guy Delisle plays – author, narrator and commentator – all at once in his visual narratives: Shenzhen: A Travelogue from China (2006b), Pyongyang: A Journey in North Korea (2007b) and Burma Chronicles (2008). It examines how Delisle represents his interaction with foreign lands and people as well as the negative and positive impression left by travel through his first-person narrator, a troubled artist abroad. In particular, this article discusses three aspects of Delisle’s travelogues: personal perspective, non-linear narrative structure, and the artist’s visual reflection of his trips to China, North Korea and Burma during and after the travel. Combining textual narrative with visual representation in the form of comics, Delisle’s books introduce a new dimension to travel writing.</p
Small island economies structure and performance in the Engl.-speaking Caribbean since 1970
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