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Interpreting estimation results of Euler equation investment models when factor markets are imperfectly competitive

Janz, Norbert Helmut - 1997

In this paper the standard Euler equation investment model with imperfectly competitive product markets is extended for imperfectly competitive structures on the factor markets: labour markets and markets for investment goods. This extension leads to two additional explanatory variables in the...

Persistent link: https://www.econbiz.de/10011440951