Markups, Gaps, and the Welfare Costs of Business Fluctuations
收藏NBER2002-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8850
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资源简介：
In this paper we present a simple, theory-based measure of the variations in aggregate economic efficiency associated with business fluctuations. We decompose this indicator, which we refer to as 'the gap', into two constituent parts: a price markup and a wage markup, and show that the latter
提供机构：
美国国家经济研究局
创建时间：
2002-03-01
