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Macroeconomic effects of EU Competition Policy

Merino Troncoso, Carlos (2021): Macroeconomic effects of EU Competition Policy.

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Abstract

I estimate the macroeconomic impact of competition policy to deter collusion and merger control in the EU using a dynamic macroeconomic model . The impact was estimated using a traditional Dynamic Stochastic General Equilibrium Model and an upgraded version that includes Central Bank quantitative easing policies. When these are included in the model the macroeconomic effects are higher than previously estimated.

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