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marginal cost schedule, aggregate output can vary if and only if the markup of price over marginal cost varies. In this review …
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to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly …
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markup of price to marginal cost (the inverse of real marginal cost for typical firms) varies. We first study whether …
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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/10013226560
marginal cost schedule, aggregate output can vary if and only if the markup of price over marginal cost varies. In this review …
Persistent link: https://www.econbiz.de/10013227199
to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly …
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