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This paper takes a fresh look at the nature of financial and real business cycles in OECD countries using annual data series and shorter quarterly and monthly economic indicators. It first analyses the main characteristics of the cycle, including the length, amplitude, asymmetry and changes of...
Persistent link: https://www.econbiz.de/10013105148
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … of market competition. This study shows that inflation decreases with greater market competitiveness even after … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …
Persistent link: https://www.econbiz.de/10013091833
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10012953486
. We use this historical pattern as a natural experiment to estimate the causal effect of contemporary private competition …
Persistent link: https://www.econbiz.de/10013316511