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You searched for: label/market-clearing prices

Mark to Market Accounting

…equilibria possible with one in which the capital controls are binding and prices are low and one in which they are not binding and the asset prices are high. The…

Market (Ir)Rationality

News like this makes me shake my head in bewilderment. Or maybe not… maybe it just confirms my presumption that market participants are not always particularly rational. SAN FRANCISCO (MarketWatch)…

Construction Employment in the Inland Empire

…a cooling market will do little damage to the economy. A cooling market is characterized by a large drop in new building units, market activity, and refinancing activity, not to…

…competitive market structure where price controls create shortages. Pipes actually acknowledges the market power in the U.S. markets from patent protection but then writes “various middlemen will capture the difference…