Global Market Power and its Macroeconomic Implications
نویسندگان
چکیده
منابع مشابه
Market Power in Macroeconomic Models: New Developments
– Earlier work on the market-power foundations of macroeconomics (see Silvestre, Journal of Economic Literature, 1993) adopted static or temporary equilibrium models. This paper surveys the more recent litterature, which is explicitly dynamic (models of overlapping generations, equilibrium fluctuations or neoclassical growth). The issues discussed include: (a) unemployment at low wages; (b) red...
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ژورنال
عنوان ژورنال: IMF Working Papers
سال: 2018
ISSN: 1018-5941
DOI: 10.5089/9781484361672.001