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time-series techniques, this paper explores the pass-through relationships in an oligopoly setting. Under the condition of … of how market structure affects climate change policies. -- Cost pass-through ; strategic oligopoly ; emissions trading …
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Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in the medium to long run, even in a period of increasing globalisation. In this paper we extend this type of...
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