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Markups, gaps, and the
welfare
costs
of business fluctuations
Galí, Jordi
;
Gertler, Mark
;
López-Salido, J. David
-
Banco de España
-
2002
indicator of aggregate inefficiency. Finally, we derive a measure of the
welfare
costs
of business cycles that is directly …
Persistent link: https://www.econbiz.de/10004981000
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