Market power and fiscal policy in OECD countries
We compute average mark-ups 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 covering the period 1970-2007, show tha...
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| Format: | workingPaper |
| Language: | eng |
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2010
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| Online Access: | http://hdl.handle.net/10400.5/2160 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/2160 |