BNET Business Dictionary
Business Definition for: Nominal Price
- the price of an item being sold when consideration does not reflect the value
Additional Resources
- Shift in Senate could rescue N.Y.'s Governors Island plan; D.C. may not budge on price tag.(Brief Article)
- As Democrats take control of the U.S. Senate this week, prospects brighten for New York state's plan to buy Governors Island from the federal government for a nominal price and turn it into a recreation area. With Vermont Sen. James Jefford's defe As...
- Research articles 2001-06-04
- Heterogeneity in price rigidity: evidence from a case study using microlevel data.
- VARIATION IN PRICE RIGIDITY is an issue of considerable Interest in macroeconomics because understanding its reasons may shed light on causes of price rigidity. (1) For example, according to Gordon (1981, p. 517), understanding it "is crucial for the theory of price adjustment." Caplin (1993, p. 21) describes it as...
- Research articles 2002-02-01
- Agents slam price slump report.
- Sep 23, 2002 (The Australian Financial Review - ABIX via COMTEX) Investment bank UBS Warburg has released a pessimistic report predicting reduced future property price growth. A return to historical price to earnings ratios for the housing market would cause a severe downturn in...
- Research articles 2002-09-23
- Price Stickiness, Inflation, and Output Dynamics
- The sticky-price model of aggregate fluctuations implies that countries with high trend inflation rates should exhibit less-persistent output fluctuations than countries with low trend inflation. I conduct a cross-country analysis of output persistence and inflation that takes into account the within-country time variation in trend inflation. The results suggest that...
- White papers 2000-07-01
- The Price and Quantity of Residential Land in the United States
- This paper combines publicly available data from Freddie Mac, the Decennial Census of Housing, and the Bureau of Economic Analysis to construct the first constant-quality aggregate price index for the stock of residential land in the United States. It uncovers five main results: since 1970, residential land prices have grown...
- White papers 2004-07-01
- Fast Animation, No Hassles: Ulead's GIF Animator 5. (Test Patterns).
- Summary: New features, a sensible interface and a nominal price tag make this an attractive utility Summary: New features, a sensible interface and a nominal price tag make this an attractive utility
- Research articles 2001-11-01
- A General-Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output
- This paper addresses the proper measurement of financial service output that is not priced explicitly. It shows how to impute nominal service output from financial intermediaries' interest income and how to construct price indices for those financial services. The present an optimizing model with financial intermediaries, that provide financial services...
- White papers 2004-10-15
- Exchange Rate Policy and the Zero Bound on Nominal Interest Rates
- This paper studies the effectiveness of monetary policy in a severe recession and deflation when nominal interest rates are bounded at zero. It compares two alternative proposals for ameliorating the effect of the zero bound: an exchange-rate peg and price-level targeting. It conducts this quantitative comparison in an empirical macro...
- White papers 2004-03-01
- Sierra Semiconductor Corporation Completes Acquisition of PMC-Sierra with Purchase Price Adjustment
- SAN JOSE, Calif.--BUSINESS WIRE--Aug. 10, 1995--Sierra Semiconductor Corporation today announced that it has agreed to issue 647,361 shares of Sierra common stock to the former shareholders of PMC-Sierra, Inc. The new shares are being issued as an adjustment to the purchase price paid in connection with Sierra's September 1994...
- Research articles 1995-08-10
- Price Level Determinacy and Monetary Policy under a Balanced Budget Requirement
- This paper analyzes the implications of a balanced budget fiscal policy rule for the determinacy of the price level in a cash-in-advance economy under three alternative monetary policy regimes. It shows that, in such stylized models with flexible prices and a period-by-period balanced budget requirement, the price level is determinate...
- White papers 1997-01-04
- Fall in Gas Prices and Less Driving Equals $315B Savings
- Mark J. Perry submits: One way to adjust gasoline prices for inflation is to measure the price over time in terms of the number of minutes worked at the average wage to purchase a gallon of gas. Using the monthly nominal price of gas from the EIA,...
- External links 2008-11-21
- Royal Women's A$290 million to price next week.
- Jun 14, 2005 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- Investors expect Royal Women's Hospital to price its $A290 million infrastructure bonds on 16 June 2005. The deal is lead managed by ANZ Investment Bank and Macquarie Bank. It carries the...
- Research articles 2005-06-14
- Price talk on Royal Women's A$290 million infrastructure bonds.
- May 30, 2005 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- Price talk has emerged on the Royal Women's Hospital's $A290 million infrastructure bond deal. The transaction is jointly managed by ANZ Investment Bank and Macquarie Bank. The first tranche, which consists...
- Research articles 2005-05-30
- Identifying Capital and Operating Leases
- Payments for leased corporate assets must be accounted for in financial statements, to accurately reflectthe company's financial obligations. There are two accounting methods, one for each type of lease: "operating" or "capital."The FASB Financial Accounting Standards Board has developed objective criteria to help managers identify the type of lease based...
- Articles 2007-08-13
- Monetary Policy, Asset-Price Bubbles and the Zero Lower Bound
- This paper uses a simple model of a closed economy to study the recommendations of monetary policymakers, attempting to respond optimally to an asset-price bubble whose stochastic properties they understand. It focuses on the impact, which the zero lower bound ZLB on nominal interest rates has on the recommendations of...
- White papers 2005-02-01
- Can nominal GDP targeting rules stabilize the economy?
- The Federal Reserve has shown that it would support making price stability the explicit goal of monetary policy.(1) How to accomplish this, however, is a matter of considerable discussion. Some economists have suggested that the best way to ensure The Federal Reserve has...
- Research articles 1993-05-01
- Crude oil breaks $50 price barrier before late decline.
- By Robert Manor, Chicago Tribune Knight Ridder/Tribune Business News Sep. 29--Oil prices broke through the $50-a-barrel barrier for the first time Tuesday, as factors ranging from Hurricane Ivan to unrest in Nigeria worked to push energy costs higher. Light...
- Research articles 2004-09-29
- Relating S&P 500 Price Levels to GDP Growth Rates
- Richard Shaw QVM Group submits: Based on US and world nominal GDP growth rates from 1981 through 2008, we make a case for the likely price of the S&P 500 between 650 and 800. The Facts: by Richard Shaw
- External links 2009-04-24
- Staples Increases Offer Price per Corporate Express Preference Share A to EUR 3.60
- FRAMINGHAM, Mass. -- Staples, Inc. (Nasdaq: SPLS) and its wholly owned subsidiary, Staples Acquisition B.V., are pleased to announce the increase to EUR 3.60 of the all cash offer price per share for all the issued and outstanding depositary receipts of Preference Shares A in the share capital of Corporate...
- Research articles 2008-06-25
- Bayou Steel Corporation Purchases Dilutive Warrant
- Business Editors LaPLACE, La.--BUSINESS WIRE--July 12, 2000 Bayou Steel Corporation (AMEX:BYX) announced that it purchased for $1,750,000 an outstanding warrant to acquire 822,422 shares of Bayou's common stock at a nominal price. The Company essentially paid $2.13 per share to acquire this potential block of 822,422 shares. ...
- Research articles 2000-07-12
