Market structure, cost asymmetries and fiscal policy effectiveness

Hassan Molana; Catia Montagna

doi:10.1016/S0165-1765(00)00221-4

Market structure, cost asymmetries and fiscal policy effectiveness

Hassan Molana, Catia Montagna

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

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.

Original language	English
Pages (from-to)	101-107
Journal	Economics Letters
Volume	68
Issue number	1
Early online date	2 May 2000
DOIs	https://doi.org/10.1016/S0165-1765(00)00221-4
Publication status	Published - Jul 2000

Keywords

Monopolistic competition
Cost asymmetries
Fiscal policy
Market structure

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10.1016/S0165-1765(00)00221-4

6 Citations
1 Discussion paper

Dundee Discussion Papers in Economics 089: Market structure, cost asymmetries and fiscal policy effectiveness
Molana, H. & Montagna, C., 1998, University of Dundee, (Dundee Discussion Papers in Economics; no. 89).
Research output: Working paper/Preprint › Discussion paper

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title = "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",

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KW - Monopolistic competition

KW - Cost asymmetries

KW - Fiscal policy

KW - Market structure

U2 - 10.1016/S0165-1765(00)00221-4

DO - 10.1016/S0165-1765(00)00221-4

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VL - 68

SP - 101

EP - 107

JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

Market structure, cost asymmetries and fiscal policy effectiveness

Abstract

Keywords

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Research output

Dundee Discussion Papers in Economics 089: Market structure, cost asymmetries and fiscal policy effectiveness

Cite this