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Title: A Note on the Relationship Between the Cyclicality of Markups and Fiscal Policy
Author: Claeys, Peter Gunther
Costa, Luís F.
Keywords: Política fiscal
Cicle de vida del producte
Fiscal policy
Product life cycle
Issue Date: 2012
Publisher: Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
Series/Report no: [WP E-AQR12/08]
[WP E-IR12/15]
Abstract: 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.
Note: Reproducció del document publicat a:
It is part of: IREA – Working Papers, 2012, IR12/15
AQR – Working Papers, 2012, AQR12/08
ISSN: 2014-1254
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))
AQR (Grup d’Anàlisi Quantitativa Regional) – Working Papers

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