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Paperback Dynamic Macroeconomics with Imperfect Competition Book

ISBN: 3540660291

ISBN13: 9783540660293

Dynamic Macroeconomics with Imperfect Competition

This thesis was stimulated throughout the time of my participation in a research project on Dynamic Macroeconomics, supported by the German Research Foundation (DFG). The starting point was the central question of how to integrate price setting firms in a dynamic disequilibrium model. Almost all recent literature on imperfect competition in macroeconomics applies the objective demand approach by assuming that firms know the true demand curve they...

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