Price dynamics in an input-output model: An alternative approach |
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Authors: | Michele Morciano |
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Affiliation: | Istituto di Politica Economica, Università di Roma, Italy |
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Abstract: | The suggested approach is developed, on the basis of firms' markup behaviour, in terms of current prices making value coefficients change as the effects of the initial price rise spread through the economy. |
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Keywords: | |
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