Macroeconomics with Endogenous Markups and Optimal Taxation: Macroeconomics with Endogenous Markups
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DOI: 10.1002/soej.12305
Abstract: We extend the Real Business Cycle framework to any symmetric preferences over a variety of goods supplied under monopolistic, Bertrand or Cournot competition with a fixed or endogenous number of firms, and derive the implications… read more here.
Keywords: optimal taxation; macroeconomics; endogenous markups; markups optimal ... See more keywords