• Interrelated factor demand with nonconvex adjustment costs 

      Letterie, Wilko; Nilsen, Øivind Anti; Pfann, Gerard A. (Discussion paper, Working paper, 2008-04)
      In this paper we develop a model to describe a firm’s demand for two production factors which is subject to the presence of nonconvex adjustment costs. In our model simultaneous adjustment of these two production factors ...
    • Price Changes - Stickiness and Internal Coordination in Multiproduct Firms. 

      Letterie, Wilko; Nilsen, Øivind A. (DP SAM;21, Working paper, 2016-12)
      We assess empirically the micro-foundations of producers’ sticky pricing behaviour. We account for various functional forms of menu costs. The focus is on the analysis of multiproduct plants, and the menu costs therefore ...
    • Sequentiality versus simultaneity : interrelated factor demand 

      Asphjell, Magne Krogstad; Letterie, Wilko; Nilsen, Øivind Anti; Pfann, Gerard A. (Discussion paper, Working paper, 2010-12)
      A structural model is developed and estimated by a maximum likelihood routine to investigate interrelated factor demand subject to nonconvex adjustment costs. The dataset concerns Norwegian plants operating in manufacturing ...