This paper examines financial spillovers between the four largest equity markets (by market capitalization) in the GCC … of a federal union matters more than market size in terms of financial integration. Our results suggest that the latter … in the volatility, from the largest market of Saudi Arabia to Qatar and the two markets in the UAE, which confirms that …

-level productivity and scale effects. I show here that the incorporation of theory-based endogenous markups into AGE models is not …

evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …

pricing only based on market data of the discriminatory equilibrium (prices and quantities) …

Using a Cournot oligopoly model with an endogenous number of firms and evasion of indirect taxes, this paper shows that … the case if market entry costs decrease. A similar result will hold if marginal production costs fall and demand is either …

This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … market rivalries that emerges endogenously out of the characteristics of the products and services they supply. My model … excess of 10 US$ trillions (against $3 trillions of profits). Oligopoly lowers total surplus by 11.5% and depresses consumer …