Market power and fiscal policy in OECD countries

We compute average markups as a measure of market power throughout time and study their interaction with fiscal policy and macroeconomic variables in a VAR framework. From impulse-response functions, the results, with annual data for a set of 14 OECD countries, show that the markup (i) depicts a pro...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Costa, Luis (author)
Formato: article
Idioma:eng
Publicado em: 2022
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/25595
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/25595