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Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity

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NBER1989-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3206
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资源简介:
We construct a dynamic general equilibrium model in which the typical industry colludes by threatening to punish deviations from an implicitly agreed upon pricing path. We argue that models of this type explain better than do competitive models the way in which the economy responds to aggregate
提供机构:
美国国家经济研究局
创建时间:
1989-12-01
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