2022
DOI: 10.14505/tpref.v13.2(26).03
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Macroeconomic Dynamics and the Role of Market Power. The Case of Italy

Abstract: In recent years, the US and other advanced countries have experienced macroeconomic dynamics which raise some concerns and which, according to the literature, are at least partly attributable to a rise in product market power. This study mainly aims to understand how Italy performs in terms of five relevant economic variables (i.e., domestic investment rate, labour share, labour force participation, wage inequality and economic dynamism), and whether firms’ markups are on the rise. The picture that emerges is … Show more

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