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Published in 2018 at "Southern Economic Journal"
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…
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Keywords:
optimal taxation;
macroeconomics;
endogenous markups;
markups optimal ... See more keywords