Economics, Econometrics and Finance
4 years ago

New dynamic models reveal impact of market power on economic fluctuations.

RePEc: Research Papers in Economics
Market Power in Macroeconomic Models: New Developments
Joaquim Silvestre

Paper Summary

The article explores how market power affects the economy using dynamic models. It looks at issues like unemployment, redistributive policies, public spending, wage adjustments, and economic fluctuations.

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