Universitat de Barcelona
2014-10-10T08:33:17Z
2014-10-10T08:33:17Z
2012
2014-10-10T08:33:18Z
We demonstrate that the cyclical behaviour of markups is related to the cyclical behaviour of government spending. For plausible parameter assumptions, pro-cyclical spending results in less counter-cyclical mark-ups. Evidence for thirteen OECD countries confirms a weak version of this hypothesis.
Working document
English
Política fiscal; Macroeconomia; Cicle de vida del producte; Fiscal policy; Macroeconomics; Product life cycle
Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2012/201215.pdf
IREA – Working Papers, 2012, IR12/15
AQR – Working Papers, 2012, AQR12/08
[WP E-AQR12/08]
[WP E-IR12/15]
cc-by-nc-nd, (c) Claeys et al., 2012
http://creativecommons.org/licenses/by-nc-nd/3.0/
