Event start date: 26.11.2020 16:00

On 26 November 2020, NBU researcher Mishel Ghassibe take a lecture "Monetary Policy and Market Structure". Implementing monetary policy aimed at targeting inflation requires thorough understanding of how firms set their prices. Firms’ pricing decisions, in turn, are profoundly influenced by the degree of power they hold in their market, as well as by the type of competition that is in place with rival firms. This presentation reviews available theoretical and empirical literature on linkages between monetary policy and market structure, and offers both academic and policy-oriented perspectives on work to be done in the Ukrainian context.

Materials from the seminar are available via links below.