This article presents a unified solution to two long-standing problems concerning successive cyclicity. First, under the minimalist program of Chomsky (1995), a trigger for successive-cyclic wh-movement to [–wh] SpecC positions must be identified. Second, as noted by den Besten & Webelhuth (1990), there is a strict prohibition against unbound intermediate traces that result from a combination o...

This paper presents a theoretical view of imperfect market. It concludes that an increase in the price of products does not give any incentive to increasing production which shows the mechanism for upward trends in prices.

IMPERFECT competition is a pervasive part of modern industrial economies, where high levels of concentration in product markets often coexist with unionised labour markets. Most standard macroeconomic models, however, assume that markets are perfectly competitive. This paper provides a simple framework in which we are able to explore some of the implications of imperfect competition for the mac...