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The International Transmission of Shocks in an Imperfectly Competitive International Business Cycle Model

Author

Listed:
  • Ubide, A-J

Abstract

This paper investigates the effects of introducing imperfect competition in an international business cycle model. We provide some international evidence on markups and analyze the implicactions of increasing returns to scale and monopolistic competition for the effects and the international transmission of technology and government spending shocks. We also consider exogenous markup fluctuations as a source of shocks and of transmission of business cycles.

Suggested Citation

  • Ubide, A-J, 1996. "The International Transmission of Shocks in an Imperfectly Competitive International Business Cycle Model," Economics Working Papers eco96/31, European University Institute.
    • Handle: RePEc:eui:euiwps:eco96/31
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    More about this item

    Keywords

    ECONOMIC MODELS ; BUSINESS CYCLES ; MACROECONOMICS;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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