Does Competition Enhancement Have Permanent Inflation Effects?

This paper presents empirical evidence that a higher degree of product market competition leads to a permanently lower inflation rate. Among a broad set of possible candidate variables, the indicator for product market competition used in this paper (the markup) is superior in explaining inflation d...

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Detalles Bibliográficos

Publicado en:	Kyklos Vol. 56; no. 1; pp. 69 - 95
Autor principal:	Cavelaars, Paul
Formato:	Artículo
Publicado:	Wiley-Blackwell 2003
Materias:	Monopolistic competition Mathematical models of economic competition Mathematical models of inflation Mathematical models Price markup
Acceso en línea:	Ver este registro en EBSCOhost