Dynamic Macroeconomics with Imperfect Competition
Kaas, Leo![Dynamic Macroeconomics with Imperfect Competition](https://support.digitalhusky.com/media/annotations/sorted/147/14711655/CHSBZCOP0314711655.jpg)
This thesis was stimulated throughout the time of my participation in a research project on Dynamic Macroeconomics, supported by the German Research Foundation (DFG). The starting point was the central question of how to integrate price setting firms in a dynamic disequilibrium model. Almost all recent literature on imperfect competition in macroeconomics applies the objective demand approach by assuming that firms know the true demand curve t...