Fiscal episodes, technological progress and market power

We assess the impact of fiscal adjustments (and technology) on the evolution of markups in a panel of 14 OECD countries. We allow for smooth changes in the technological parameters by generating measures of TFP compatible with markups and assess the interaction between the two variables. Our results...

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Detalhes bibliográficos
Autor principal: Afonso, António (author)
Outros Autores: Jalles, João Tovar (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2015
Assuntos:
Imperfect Competition
TFP
Fiscal Consolidation
Local Projection
Business Cycle
Impulse Response Functions
GMM
Texto completo:http://hdl.handle.net/10400.5/9246
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/9246

Texto Completo

http://hdl.handle.net/10400.5/9246

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