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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2743

Title: Endogenous markups and fiscal policy
Authors: Costa, Luís F.
Keywords: Endogenous markups
Entry
Multiplier
Fiscal Policy
Issue Date: 2001
Publisher: ISEG – Departamento de Economia
Citation: Costa, Luís F.. 2001. "Endogenous markups and fiscal policy". Instituto Superior de Economia e Gestão - DE Working papers nº 6-2001/DE
Series/Report no.: DE Working papers;nº 6-2001/DE
Abstract: This note analyses a simple imperfectly competitive general equilibrium model where the entry mechanism generates an endogenous markup. In this second-best world fiscal policy is more effective than in Walrasian or in fixed-markup monopolistic competition models, as it produces efficiency gains through entry.
URI: http://hdl.handle.net/10400.5/2743
ISSN: 0874-4548
Publisher version: https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=23816
Appears in Collections:DE - Documentos de trabalho / Working Papers

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