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Incorporating Theory-Consistent Endogenous Markups into Applied General-Equilibrium Models

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NBER2023-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w31181
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The incorporation of increasing returns and imperfect competition into applied general-equilibrium (AGE) models, beginning with Harris (1984), led to much larger welfare effects from changes such as trade liberalization. But the imperfect competition side of these IO developments has often failed to
提供机构:
美国国家经济研究局
创建时间:
2023-05-01
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