Robert Putnam hatte 1995 mit seinem Aufsatz "Bowling Alone" und seiner umfassenden Studie gleichen Titels im Sommer 2000 für Furore gesorgt, in denen er einen Verlust der gesellschaftlichen Bindekräfte und den Niedergang des bürgerschaftlichen Engagements, kurz: ein Schwinden des...

We compute average mark-ups as a measure of market power throughout time and study their interaction with fiscal policy and macroeconomic variables in a VAR framework. From impulse-response functions the results, with annual data for a set of 14 OECD countries covering the period 1970-2007, show...

We compute average markups as a measure of market power throughout time and study their interaction with fiscal policy and macroeconomic variables in a VAR framework. From impulse-response functions, the results, with annual data for a set of 14 OECD countries, show that the markup (i) depicts a...