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Imperfect competition and macroeconomics : Theory and quantitative implications

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  • Russell Cooper
  • Andrew John

Abstract

[fre] Ce papier évalue les implications de la concurrence imparfaite en macroéconomie. Il s'articule autour de trois types de chocs : technologique, dépenses gouvernementales, et monnaie. Pour chacun de ces chocs, il résume les théories existantes et fait état de preuves quantitatives quant aux effets de la concurrence imparfaite. [eng] This paper evaluates the implications of imperfect competition for macroeconomics. The paper is organized around three sources of shocks : technology, government spending and money. For each, we summarize existing theories and present quantitative evidence on the effects of imperfect competition.

Suggested Citation

  • Russell Cooper & Andrew John, 2000. "Imperfect competition and macroeconomics : Theory and quantitative implications," Cahiers d'Économie Politique, Programme National Persée, vol. 37(1), pages 289-328.
  • Handle: RePEc:prs:caecpo:cep_0154-8344_2000_num_37_1_1301
    DOI: 10.3406/cep.2000.1301
    Note: DOI:10.3406/cep.2000.1301
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