000			01637 a2200277 4500
008			051207s xx 000 0 eng
022			_a1522-3191;
050			_aAC1.S5
082			_a050
100			_aCampbell, Doug,
245		0	_aSticky Situation. _cDoug Campbell.
260			_bRegion Focus, _c2005.
440			_aSIRS Enduring Issues 2006. _nArticle 8, _pBusiness, _x1522-3191;
500			_aArticles Contained in SIRS Enduring Issues 2006.
500			_aOriginally Published: Sticky Situation, Spring 2005; pp. 20-23.
520			_a"Even if you're not familiar with the term 'sticky prices, you encounter them all the time. How many years has your newspaper sold for 50 cents a copy? No matter if interest rates are moving up or down, the price of your newspaper hardly ever changes--it's sticky. Economists take for granted that some prices are rigid, slow to shift even as supply and demand conditions might seem to warrant. For many economists, these 'nominal frictions' are enormously important, a core reason why monetary policy matters. For other economists, however, sticky prices are neither widespread nor meaningful in the slightest for public policy." (REGION FOCUS) The article defines "sticky prices" and discusses their importance in economic cycles.
599			_aRecords created from non-MARC resource.
650			_aBusiness cycles
650			_aMacroeconomics
650			_aMicroeconomics
650			_aMonetary policy
650			_aPrice regulation
650			_aPrices
710			_aProQuest Information and Learning Company _tSIRS Enduring Issues 2006, _pBusiness. _x1522-3191;
942			_c UKN
999			_c36875 _d36875