Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed.


Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey (ed. Edward Elgar Pub, 2004)


Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in...

Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in...

Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in...

Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in...