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Macroeconomic Effects of Price Controls: The Role of Market Structure

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NBER1987-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2434
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资源简介:
Price controls were part of Israel's stabilization program of July 1985. Some results of the program seem to be inconsistent with competitive macroeconomic models. It is suggested that these results are consistent with an economy that has an oligopolistic market structure. The paper explores the
提供机构:
美国国家经济研究局
创建时间:
1987-11-01
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