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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...
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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...
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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...
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