search query: @indexterm BUSINESS CYCLES / total: 529
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| Author: | Eckert, A. |
| Title: | Retail price cycles and the presence of small firms |
| Journal: | International Journal of Industrial Organization
2003 : FEB, VOL. 21:2, p. 151-170 |
| Index terms: | Retail price index Business cycles Gas industry |
| Language: | eng |
| Abstract: | In many Canadian cities, retail gasoline prices remain unchanged for weeks at a time, while in other cities, retail prices cycle, increasing sharply and declining slowly. The author demonstrates that the existence of these equilibria is dependent on the number of retail outlets operated by the firms. |
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