Markups in U.S. and Japanese Manufacturing: A Short Run Econometric Analysis
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In this paper a production theory-based model of firms' markup behavior is constructed. The theoretical structure is based on variants of generalized Leontief cost and expenditure functions. This structure yields a full specification of behavior from which the impacts of both supply and demand
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美国国家经济研究局创建时间：
1988-12-01
