Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assesment
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Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition. After calibrating the model to the euro area vs. the rest
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美国国家经济研究局创建时间：
2004-04-01
