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Author:Asplund, M.
Eriksson, R.
Strand, N.
Title:Prices, margins and liquidity constraints: Swedish newspapers, 1990-1992
Journal:Economica
2005 : MAY, VOL. 72:286, p. 349-359
Index terms:Liquidity constraints
Price level
Language:eng
Abstract:This article examines companies who attempt to boost short-term profits when facing liquidity constraints in a recession. This may happen if a company increases prices to exploit locked-in consumers. The authors find support for such behavior for Swedish regional newspapers during a deep recession.
SCIMA record nr: 258546
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