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Your search for "imperfect markets" over the article keywords returned 17 results.

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1. indicative planning

Indicative planning aims to coordinate private and public investment and output plans through forecasts or targets. Compliance is voluntary. The underlying ...

By Klaus Nielsen. From The New Palgrave Dictionary of Economics, Second Edition, 2008

2. market period

The concept of market period was introduced by Marshall to define markets according to the time period over which they extended. It was thus an additional ...

By D.R. Helm. From The New Palgrave Dictionary of Economics, Second Edition, 2008

3. multiple equilibria in macroeconomics

The multiple equilibrium literature seeks explanations for excessive economic volatility, persistent poverty, market fads and fashions, and related macroeconomic ...

By Costas Azariadis. From The New Palgrave Dictionary of Economics, Second Edition, 2008

4. monetary business cycles (imperfect information)

Business cycle theories based on incomplete information start from the premise that key economic decisions on pricing, investment or production are often ...

By Christian Hellwig. From The New Palgrave Dictionary of Economics, Second Edition, 2008

5. temporary equilibrium

Temporary general equilibrium views the dynamic evolution of an economy as taking place sequentially in calendar time, with decisions being made and equilibrium ...

By J.-M. Grandmont. From The New Palgrave Dictionary of Economics, Second Edition, 2008

6. consumption-based asset pricing models (empirical performance)

Asset pricing is a branch of financial economics that is rich in puzzles and anomalies – that is, stylized empirical facts not easily explained by the ...

By Fatih Guvenen and Hanno Lustig. From The New Palgrave Dictionary of Economics, Second Edition, 2008

7. currency crises

This article describes models and empirical evidence on currency crises. The evidence from developed and developing countries indicates that crises are ...

By Graciela Laura Kaminsky. From The New Palgrave Dictionary of Economics, Second Edition, 2008

8. new economic geography

New economic geography provides an integrated and micro-founded approach to spatial economics. It emphasizes the role of clustering forces in generating ...

By Anthony J. Venables. From The New Palgrave Dictionary of Economics, Second Edition, 2008

9. non-clearing markets in general equilibrium

In this article we study models with non-clearing markets in a full general equilibrium framework. The theories we describe synthesize three major schools ...

By Jean-Pascal Bénassy. From The New Palgrave Dictionary of Economics, Second Edition, 2008

10. markets

Until recently, and despite strong interest in market outcomes, economists have paid relatively little attention to the institutional structure of markets. ...

By Geoffrey M. Hodgson. From The New Palgrave Dictionary of Economics, Second Edition, 2008