Narrow search
Showing 1 - 10 of 7,177
Cover Image
Imperfect Competition and the Effects of Energy Price Increases on Economic Activity
Rotemberg, Julio J. - 1996
to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly …
Persistent link: https://www.econbiz.de/10012473211
Cover Image
Expectations, Asset Prices, and Monetary Policy : The Role of Learning
Gilchrist, Simon - 2006
. Asset price movements induced by changes in trend growth influence balance-sheet conditions that determine the external … the asset price gap represents distortions in the resource allocation induced by financial market imperfections more … calculation of the potential and thus reduces the benefit of responding to the asset price gap. A policy that responds to the …
Persistent link: https://www.econbiz.de/10012466222
Cover Image
Optimal Labor Contracts, Imperfect Competition and Underemployment Equilibria : A Framework for Analysis
Cooper, Russell - 1986
theory. This permits an evaluation of the role of labor market behavior in producing these coordination failures and a study …
Persistent link: https://www.econbiz.de/10012477009
Cover Image
Dynamic General Equilibrium Models with Imperfectly Competitive Product Markets
Rotemberg, Julio J. - 1993
This paper discusses the consequences of introducing imperfectly competitive product markets into an otherwise standard neoclassical growth model. We pay particular attention to the consequences of imperfect competition for the explanation of fluctuations in aggregate economic activity. Market...
Persistent link: https://www.econbiz.de/10012474443
Cover Image
Imperfect Competition and Rents in Labor and Product Markets : The Case of the Construction Industry
Kroft, Kory - 2020
private market and in government projects, the latter of which are procured through first-price sealed-bid auctions. We find … that American construction firms have significant wage- and price-setting power. This imperfect competition generates a …
Persistent link: https://www.econbiz.de/10012481519
Cover Image
Salience and Taxation with Imperfect Competition
Kroft, Kory - 2020
This paper studies commodity taxation in a general model featuring imperfect competition and tax salience. We derive new formulas for the incidence and marginal excess burden of commodity taxation, and we estimate the necessary inputs to the formulas by combining Nielsen Retail Scanner data from...
Persistent link: https://www.econbiz.de/10012481604
Cover Image
Exclusionary Minimum Resale Price Maintenance
Asker, John - 2010
An upstream manufacturer can use minimum retail price maintenance (RPM) to exclude potential competitors. RPM lets the …
Persistent link: https://www.econbiz.de/10012462093
Cover Image
Delocation and Trade Agreements in Imperfectly Competitive Markets
Bagwell, Kyle - 2009
results therefore indicate that the terms-of-trade theory of trade agreements applies to a broader set of market structures …
Persistent link: https://www.econbiz.de/10012463205
Cover Image
Beyond Testing : Empirical Models of Insurance Markets
Einav, Liran - 2009
We describe recent advances in the empirical analysis of insurance markets. This new research proposes ways to estimate individual demand for insurance and the relationship between prices and insurer costs in the presence of adverse and advantageous selection. We discuss how these models permit...
Persistent link: https://www.econbiz.de/10012463408
Cover Image
Profit Shifting and Trade Agreements in Imperfectly Competitive Markets
Bagwell, Kyle - 2009
When markets are imperfectly competitive, trade policies can alter the terms of trade, shift profits from one country to another, and moderate or exacerbate existing distortions that are associated with the presence of monopoly power. In light of the various ways in which trade policies may...
Persistent link: https://www.econbiz.de/10012463844