Discover how efficiency variance reveals the gap between expected and actual inputs in production and its impact on labor, materials, and costs.
Green, Jerry R., and Seppo Honkapohja. "Variance-Minimizing Monetary Policies with Lagged Price Adjustment and Rational Expectations." European Economic Review 20, nos. 1-3 (January 1983): 123–141.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback