A Note on Markups and Entry

Lilia Cavallari
2012 Social Science Research Network  
This paper provides a DSGE model with ...rm entry. Simulations show that the model matches the synchronization of markups and entry observed in the data while at the same time reproducing empirically plausible moments for key macroeconomic variables. Sticky prices are essential for these results.
doi:10.2139/ssrn.2182668 fatcat:6kcdrurw5nffzahb2m6eied6aa