Wang, Pengfei; Wen, Yi - Federal Reserve Bank of St. Louis - 2006
be
cleared with the author or authors.
Imperfect Competition and Sunspots
Pengfei Wang
Department of Economics … Competition, Imperfect Infor-
mation, Indeterminacy, Real Business Cycles, Marginal Costs, Counter-cyclical Markup.
JEL codes: E31 … afastgrowinginterestinstudyingexpectations-
driven �uctuations. The major reason for this is that it makes quantitative analysis of the business-
cycle e�ects of …