Discover how demand-pull inflation drives prices up when demand surpasses supply and learn about its causes and how it ...

Every year, without fail, Nigeria’s electricity system enters its worst performance phase between February and April. This ...

Abstract: Nowadays, the installations of photovoltaics (PVs) in the smart grid have been growing dramatically because the price of PVs is falling drastically. Undoubtedly, this is a great achievement ...

We study why inflation responds differently to economic activity over time. Using survey data covering the universe of Japanese firms, we show that firms are unable to perfectly distinguish aggregate ...

Abstract: We consider price-setting algorithms for a simple market in which a seller has an unlimited supply of identical copies of some good, and interacts sequentially with a pool of n buyers, each ...