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Estimates of monopolistic markups are relatively scarce in the literature mostly due to lack of appropriate data and methodological difficulties, while their behaviour has important implications for the conduct of monetary policy. We estimate the monopolistic markups in the Polish economy in the...
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This paper investigates the impact of irreversibility of investments and competition on the sign of the relationship between investment and uncertainty. The empirical analysis uses firm-level data and is based on a survey of over 800 polish non-financial companies which was carried out by the...
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