Sentence examples for frictionless markets from inspiring English sources

Note that the measure of TFP identified in Eq. (1) is revenue productivity, which is expected to be equal across firms within each industry under the assumption of frictionless markets (see e.g. Hsieh and Klenow 2009).

It's an amazing display of frictionless markets and, although it does reduce revenue on the seedier side of ticket sales, it certainly makes fans feel warm and fuzzy.

With transaction costs -- as with other departures from frictionless markets -- greater attention is required to the details of designing specific systems.

We deserve a similarly frictionless market.

The ideal of a frictionless market is so instinctual that we have lost sight of the peril that comes with speed.

As Paul Krugman explained in a New York Times magazine article a few years ago, the problem with establishment economists is that they mistake mathematics for truth; they are "seduced by the vision of a perfect, frictionless market system [and] need to abandon the neat but wrong solution of assuming that everyone is rational and markets work perfectly".

Ultimately, we're creating a new stock market without stocks, and an amazingly frictionless market.

In 1973, Fisher Black and Myron Scholes suggested a model that became fundamental for the valuation of financial derivatives in a complete frictionless market.

Recall that in the classical case of a frictionless market, it is common to assume that the initial endowments of traders are null.

Some such workers may even, heaven forbid, be American.Josh Zepps New YorkSIR – Liberal economists invariably support frictionless labour markets.

And there is not the faintest chance that national parliaments will be given the power to increase VAT, because this would be an admin nightmare for businesses and undermine the UK as a frictionless single market.