Stickiness

Stickiness: Economic Inertia in Variables
An exploration of the economic concept of stickiness, explaining why certain variables, notably prices and wages, resist changes despite shifts in supply and demand. Factors such as long-term contracts and menu costs contribute to this phenomenon.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.