Accession Number:

AD0260733

Title:

SOME EMPIRICAL ESTIMATES OF SHORT RUN PRICE AND OUTPUT POLICIES

Descriptive Note:

Corporate Author:

YALE UNIV NEW HAVEN CONN COWLES FOUNDATION FOR RESEARCH IN ECONOMICS

Personal Author(s):

Report Date:

1961-07-27

Pagination or Media Count:

1.0

Abstract:

Some a tempts were made to estimate short run reactions of firms to changes in their inventory, sales anticipations, etc. Four industry studies are summarized which are part of a larger project on optimum price and output policies on which the author is engaged. The technique used in the study is the very simple one of finding linear approximations to two complicated price and output decision rules and then estimating the linear approximations from relevant monthly or, in one case, quarterly data. Author

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE