demand management

The role of fiscal policy remains a controversial issue. In this paper, the role of demand management policy is considered in a two-sector open economy model with price-taking firms and imperfect competition in the labour market. Demand management policies are shown to affect the equilibrium distribution of prices and hence ...

This research is motivated by the long-standing problems faced by one large wholesaler in Hong Kong, which plays the role as a sourcing agent for over a thousand of worldwide clients on hundreds of products. Around forty percent of the commodities are sold via contracts, and the remaining sixty percent ...