Cyclical Markups: Theories and Evidence
收藏数据链接：
官方服务：
资源简介：
If changes in aggregate demand were an important source of macroeconomic fluctuations, real wages would be countercyclical unless markups of price over marginal cost were themselves countercyclical. We thus examine three theories of markup variation at cyclical frequencies. The first assumes only
提供机构：
美国国家经济研究局创建时间：
1990-12-01
