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Macroeconomic effects of EU Competition Policy

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  • Merino Troncoso, Carlos

Abstract

I estimate the macroeconomic impact of competition policy to deter collusion and merger control in the EU using a dynamic macroeconomic model . The impact was estimated using a traditional Dynamic Stochastic General Equilibrium Model and an upgraded version that includes Central Bank quantitative easing policies. When these are included in the model the macroeconomic effects are higher than previously estimated.

Suggested Citation

  • Merino Troncoso, Carlos, 2021. "Macroeconomic effects of EU Competition Policy," MPRA Paper 116160, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116160
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    References listed on IDEAS

    as
    1. Romanos Priftis & Lukas Vogel, 2017. "The macroeconomic effects of the ECB’s evolving QE programme: a model-based analysis," Open Economies Review, Springer, vol. 28(5), pages 823-845, November.
    2. Wieland, Volker & Cwik, Tobias & Müller, Gernot J. & Schmidt, Sebastian & Wolters, Maik, 2012. "A new comparative approach to macroeconomic modeling and policy analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 523-541.
    3. Romanos Priftis & Lukas Vogel, 2016. "The Portfolio Balance Mechanism and QE in the Euro Area," Manchester School, University of Manchester, vol. 84(S1), pages 84-105, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    competition policy; macroeconomic impact; DSGE;
    All these keywords.

    JEL classification:

    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations

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