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Markups, Gaps, and the Welfare Costs of Business Fluctuations

Authors: Jordi Galí, Mark Gertler and J. David López-Salido

Review of Economics and Statistics, Vol. 89, No 1, 44--59, January, 2007
DOI: 
10.1162/rest.89.1.44
This paper originally appeared as Barcelona School of Economics Working Paper 45

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