It seems to me that most policymakers have missed some basic issues with respect to our energy problem. One of these is that world oil supply is very inelastic–that is, even with high price, it ...

We propose a method to measure the efficiency of the retail industry. In the case of the manufacturing industry, we can define its efficiency by total factor productivity (TFP) based on the production ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We present evidence of inelastic demand for risky sovereign bonds and explore its implications for optimal government debt ...

The Indian states trying to place orders directly with drug makers for COVID-19 vaccines are facing an inelastic supply curve at least for the next two months, and this approach is also leading to ...