1,721,032 research outputs found
Politiche macroeconomiche e concorrenzialità dei mercati
No full textLo sviluppo dell’analisi macroeconomica sotto l’ipotesi di concorrenza imperfetta sul mercato dei beni e del lavoro ha consentito di mettere in luce caratteristiche fondamentali del funzionamento del sistema economico completamente assenti in altri approcci macroeconomici. Questo lavoro prende in esame alcuni di questi elementi e ne valuta le implicazioni in termini di politica macroeconomica, nel duplice senso di intravedere nuove tipologie di intervento di stabilizzazione e di sostegno al livello di attività economica e di fornire più solido supporto teorico a politiche macroeconomiche, che fanno già tradizionalmente parte dell’insieme degli strumenti considerati dal macroeconomista applicato
Exchange Rate and Prices: Firms' Behaviour in the Open Economy
Full text linkThis paper is concerned with the behaviour of firms operating in international markets, i.e. exporting and/or facing import competition, with specific reference to the effects of exchange rate movements
Dinamica dei prezzi in cambi flessibili: un modello di concorrenza monopolistica con costi di aggiustamento dei prezzi
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Concorrenza monopolistica, menu costs ed effetti delle variazioni monetarie in economia aperta
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Alcune considerazioni sul ruolo delle politiche economiche nei modelli di crescita endogena
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Public Consumption Composition in a Growing Economy
No full textThis paper explores the role of the composition of public consumption within a three sector R&D growth model. A competitive industry supplies a homogeneous good and a monopolistic sector manufactures a composite commodity differentiated in many varieties, whose size can be increased through investment in R&D. We investigate the effects of changes in the level and in the composition of public consumption on the steady state and on the economy's transitional dynamics. By varying the aggregate composition of demand, the government can effectively move resources away from traditional industry to foster innovation. Welfare effects are also evaluated. We show that the composition of government consumption affects the entire time path of utility
Composition of Public Expenditure and Short Run Fiscal Multiplier
No full textExisting studies on the fiscal multiplier under imperfect competition assume a symmetric market structure with identical firms. This paper
examines the fiscal policy implications of introducing a multisectoral economy where a composite commodity is o¤ered in many varieties within a market of monopolistic competition while a homogeneous good is produced in a perfectly competitive enviroment. Within the context of this mixed industrial structure we show that the sign and the size of the short run multiplier crucially depends on the composition of public expenditure chosen by the government
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