This paper examines the macroeconomic properties of imperfectly competitive economies. The focus is on the coordination failures that might arise in these economies, a study of alternative policies and the comparative static properties of these models. This paper differs from others in this area...

Der Faktormarkt für Arbeit lässt sich aufgrund fortschreitender Spezialisierungsanforderungen, räumlicher Friktionen und sozialer Interdependenzen durch perfekt kompetitive Strukturen nur unzureichend beschreiben. In Analogie zu industrieökonomischen Ansätzen sowie in Abgrenzung zu...

We analyze whether different learning abilities of firms with respect to general equilibrium effects lead to different levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real wage rigidity leads to unemployment. If firms consider...