however not really salient as competition is discussed save for in a few particular instances. This is a pity since the market … this manner some of the inner workings of the market process, what promotes competition subject to which institutional … constraints, are discussed to the benefit of yet another important Austrian demarcation, that of competition as being geared by …

. Specifically, he illustrates how fiercer product market competition can theoretically reduce the prevalence of nominal wage … supporting the view that increased competition has reduced the use of nominal contracts and the indexation of contract wages, and … presents limited, inconclusive data supporting the view that greater product market competition has boosted the overall use of …

encouraging competition between brokers as an alternative to banning such practices. We empirically show that the critical number …

This paper analyzes the potential effect of global market competition on inflation dynamics. It does so through the … competition to reduce the slope of the inflation-marginal cost relation. …

frequencies, but not over the business cycle. Finally, we show that imperfect competition and, to a lesser extent, technological …