1995•RePEc: Research Papers in EconomicsRequires access

Macroeconomics and imperfect competition

Jean‐Pascal Bénassy

Abstract

Macroeconomics and imperfect competition: general equilibrium models. Imperfect competition and price rigidities: market structure costly price changes inventories imperfect information sticky prices and asset pricing macroeconomic rationing. Labour markets: trade-unions wage indexation implicit contracts efficiency wages insiders outsiders.

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Key concepts: Economics, Imperfect competition, Imperfect, Rationing, Perfect information, Indexation, Wage, Asset (computer security)