@techreport{4888e7ffa5ac4864b8d9f3ef44e2a5a7,
title = "Dundee Discussion Papers in Economics 089: Market structure, cost asymmetries and fiscal policy effectiveness",
abstract = "Imperfectly competitive macroeconomic models typically assume a symmetric equilibrium with identical firms, despite the fact that most industries are characterised by substantial degrees of firm heterogeneity. We examine how inter-firm efficiency gaps affect fiscal policy effectiveness under monopolistic competition.",
keywords = "Monopolistic competition, Cost asymmetries, Fiscal policy, Market structure",
author = "Hassan Molana and Catia Montagna",
note = "This paper was also published by Elsevier in Economics Letters, Vol.68(1), pp. 101-107 ",
year = "1998",
language = "English",
series = "Dundee Discussion Papers in Economics",
publisher = "University of Dundee",
number = "89",
type = "WorkingPaper",
institution = "University of Dundee",
}